18001 Collins Ave #1618North Miami BeachFL33160
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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 18001 Collins Ave #1618, North Miami Beach, FL, 33160 listed at $219,880 pairs $1,490/mo rent with a $1,076/mo payment. Total monthly income runs $1,490/mo. Return on cash invested measures -11.01% in year one, and rental yield registers 8.13% at a $219,880 basis. Equity gained on principal adds $1,419/yr, and annual property appreciation at 5% supports $60,749 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,490/mo property income relative to a $1,076/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2003
N/A lot
$N/A/sqft
$1,909 monthly 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
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Listed by: Michael Malina • Dezer Platinum Realty LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11513014
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.