1690 SW 27th Ave APT 504MiamiFL33145
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Miami at 1690 SW 27th Ave APT 504, Miami, FL, 33145 offers a 14.93% rental yield on a $375,000 purchase with $4,666/mo rent. Total monthly income registers $4,666/mo, and a $1,835/mo payment leaves $1,484/mo available for distribution. Annual cash flow reaches $17,802/yr on $124,313 to close, and return on cash invested stands at 34.23% in year one. Equity gained on principal adds $2,420/yr while 5% annual appreciation supports $103,606 over five years. Portfolio math shows five-year ROI at 182.65% and total cumulative return in cash at $227,055. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,666/mo property income against a $1,835/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2007
N/A lot
$N/A/sqft
$550 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33145, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,796 (100%) |
| Owner Occupied HU | 5,856 (45.8%) |
| Renter Occupied HU | 6,184 (48.3%) |
| Vacant Housing Units | 756 ( 5.9%) |
| Median Home Value | $616,602 |
| Average Home Value | $663,659 |
Housing Distribution
Address Breakdown
Residential
11,611
Single Family
8,008
Multi-Family
3,603
Businesses
945
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Listed by: Patricia Ramos • First Service Realty ERA
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11621376
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.