1820 NW 63rd StMiamiFL33147
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 1820 NW 63rd St, Miami, FL, 33147 uses $130,943 cash to close to unlock $8,928/yr annual cash flow and $744/mo monthly cash flow. Total monthly income runs $3,365/mo, and a $1,933/mo payment keeps the spread at $744/mo. Purchase price stands at $395,000, and rental yield measures 10.22% with $3,365/mo rent. Return on cash invested shows 26.73% in year one, and 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 140.03% and total cumulative return in cash records $183,354. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,365/mo property income covering a $1,933/mo payment rather than investor’s personal income.
Single Family
Built in 1937
3,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33147, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,194 (100%) |
| Owner Occupied HU | 8,004 (46.6%) |
| Renter Occupied HU | 7,965 (46.3%) |
| Vacant Housing Units | 1,225 ( 7.1%) |
| Median Home Value | $361,375 |
| Average Home Value | $439,784 |
Housing Distribution
Address Breakdown
Residential
15,644
Single Family
13,675
Multi-Family
1,969
Businesses
1,174
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices