17255 SW 95th Ave APT 445, Palmetto Bay, FL, 33157 | $82/mo Cash Flow

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17255 SW 95th Ave APT 445, Palmetto Bay, FL, 33157 | $82/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Palmetto Bay at 17255 SW 95th Ave APT 445, Palmetto Bay, FL, 33157 offers a 8.44% rental yield on a $203,999 purchase with $1,435/mo rent. Total monthly income registers $1,435/mo, and a $998/mo payment leaves $82/mo available for distribution. Annual cash flow reaches $980/yr on $67,626 to close, and return on cash invested stands at 21.36% in year one. Equity gained on principal adds $1,316/yr while 5% annual appreciation supports $56,361 over five years. Portfolio math shows five-year ROI at 111.21% and total cumulative return in cash at $75,207. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,435/mo property income against a $998/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1971

N/A lot

$N/A/sqft

No HOA

More details about the property

Great investment opportunity or a starter home! This updated condo offers 2 bedrooms (one full bedroom and den with closet), 1 full bathroom. Assigned parking with plenty of guest parking for more than two vehicles. Elevator available. Community pool. In the well-kept community of Village Homes and Condos at Palmetto Bay, this property is centrally located and very close to US 1, shopping & dining areas. The association has no reserves. It Must be financed with 25% or more. The community has passed the 50yr recertification inspection.

Neighborhood Data

Neighborhood data shown for ZIP Code: 33157, Miami, FL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	24,092 (100%)
Owner Occupied HU	15,135 (62.8%)
Renter Occupied HU	7,769 (32.2%)
Vacant Housing Units	1,188 ( 4.9%)
Median Home Value	$556,743
Average Home Value	$620,214