18011 NW 48th PlOpa LockaFL33055
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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 Opa Locka at 18011 NW 48th Pl, Opa Locka, FL, 33055 offers a 7.97% rental yield on a $659,800 purchase with $4,380/mo rent. Total monthly income registers $4,380/mo, and a $3,229/mo payment leaves $2/mo available for distribution. Annual cash flow reaches $22/yr on $217,074 to close, and return on cash invested stands at 20.07% in year one. Equity gained on principal adds $4,258/yr while 5% annual appreciation supports $182,291 over five years. Portfolio math shows five-year ROI at 104.26% and total cumulative return in cash at $226,314. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,380/mo property income against a $3,229/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
9,375 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33055, Opa Locka, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,602 (100%) |
| Owner Occupied HU | 9,791 (77.7%) |
| Renter Occupied HU | 2,665 (21.1%) |
| Vacant Housing Units | 146 ( 1.2%) |
| Median Home Value | $382,793 |
| Average Home Value | $499,620 |
Housing Distribution
Address Breakdown
Residential
12,413
Single Family
12,035
Multi-Family
378
Businesses
406
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Listed by: Michael Bustillo • Primus Real Estate LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11809750
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.