17500 SW 93rd PlPalmetto BayFL33157
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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 Palmetto Bay at 17500 SW 93rd Pl, Palmetto Bay, FL, 33157 earns from $3,726/mo rent with a $5,286/mo payment. Total monthly income totals $3,726/mo. ROI tracks 8.57% on current figures, and rental yield reads 4.14% at a $1,080,000 purchase. Equity gained on principal adds $6,969/yr, and 5% annual appreciation supports $298,384 over five years. Five-year ROI reaches 42.53% and total cumulative return in cash sums $148,816. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,726/mo property income instead of your personal income.
Single Family
Built in 1987
0.39 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
24,073
Single Family
19,662
Multi-Family
4,411
Businesses
2,254
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Listed by: Micaela Silva • Reset Real Estate
Mls Name: MIAMI
Mls ID: #A11892056