17375 Collins Ave #803Sunny Isles BeachFL33160
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 Sunny Isles Beach at 17375 Collins Ave #803, Sunny Isles Beach, FL, 33160 earns $1,035/mo cash flow from $7,722/mo rent with a $3,402/mo payment. Total monthly income totals $7,722/mo, and annual cash flow totals $12,420/yr on $228,655 capital. ROI tracks 25.49% on current figures, and rental yield reads 13.33% at a $695,000 purchase. Equity gained on principal adds $4,485/yr, and 5% annual appreciation supports $192,016 over five years. Five-year ROI reaches 137.3% and total cumulative return in cash sums $313,950. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,722/mo property income instead of your personal income.
Condo
Built in 2000
N/A lot
$N/A/sqft
$5,704 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33160, North Miami Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,783 (100%) |
| Owner Occupied HU | 11,722 (34.7%) |
| Renter Occupied HU | 9,418 (27.9%) |
| Vacant Housing Units | 12,643 (37.4%) |
| Median Home Value | $574,494 |
| Average Home Value | $785,897 |
Housing Distribution
Address Breakdown
Residential
30,347
Single Family
2,370
Multi-Family
27,977
Businesses
1,198
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mikhail Shilt • Core Realty Associates, Inc.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11685439
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.