1735 NE 164th St #B203North Miami BeachFL33162
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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 North Miami Beach at 1735 NE 164th St #B203, North Miami Beach, FL, 33162 earns $2/mo cash flow from $1,329/mo rent with a $827/mo payment. Total monthly income totals $1,329/mo, and annual cash flow totals $21/yr on $56,024 capital. ROI tracks 19.95% on current figures, and rental yield reads 9.44% at a $169,000 purchase. Equity gained on principal adds $1,091/yr, and 5% annual appreciation supports $46,692 over five years. Five-year ROI reaches 105.25% and total cumulative return in cash sums $58,963. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,329/mo property income instead of your personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
$150 monthly 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
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Listed by: Bella Carcasses • Carden Realty & Investment Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11737424
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.