1800 NE 114th St APT 1007MiamiFL33181
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 Miami at 1800 NE 114th St APT 1007, Miami, FL, 33181 offers a 9.43% rental yield on a $277,900 purchase with $2,184/mo rent. Total monthly income registers $2,184/mo, and a $1,360/mo payment leaves $340/mo available for distribution. Annual cash flow reaches $4,080/yr on $92,124 to close, and return on cash invested stands at 24.34% in year one. Equity gained on principal adds $1,793/yr while 5% annual appreciation supports $76,779 over five years. Portfolio math shows five-year ROI at 127.16% and total cumulative return in cash at $117,141. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,184/mo property income against a $1,360/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33181, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,248 (100%) |
| Owner Occupied HU | 3,662 (35.7%) |
| Renter Occupied HU | 5,585 (54.5%) |
| Vacant Housing Units | 1,001 ( 9.8%) |
| Median Home Value | $566,099 |
| Average Home Value | $739,800 |
Housing Distribution
Address Breakdown
Residential
10,082
Single Family
2,747
Multi-Family
7,335
Businesses
1,260
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices