17090 NE 14th Ave APT 111North Miami BeachFL33162
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 North Miami Beach at 17090 NE 14th Ave APT 111, North Miami Beach, FL, 33162 uses $41,438 cash to close to unlock $1,959/yr annual cash flow and $163/mo monthly cash flow. Total monthly income runs $993/mo, and a $612/mo payment keeps the spread at $163/mo. Purchase price stands at $125,000, and rental yield measures 9.53% with $993/mo rent. Return on cash invested shows 24.64% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 128.88% and total cumulative return in cash records $53,405. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $993/mo property income covering a $612/mo payment rather than investor’s personal income.
Condo
Built in 1964
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33162, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,041 (100%) |
| Owner Occupied HU | 7,599 (50.5%) |
| Renter Occupied HU | 6,333 (42.1%) |
| Vacant Housing Units | 1,109 ( 7.4%) |
| Median Home Value | $446,709 |
| Average Home Value | $500,212 |
Housing Distribution
Address Breakdown
Residential
13,934
Single Family
9,360
Multi-Family
4,574
Businesses
1,464
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A