1821 NE 168th St APT A6North Miami BeachFL33162
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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 1821 NE 168th St APT A6, North Miami Beach, FL, 33162 listed at $217,900 pairs $1,808/mo rent with a $1,067/mo payment to leave $152/mo cash flow. Total monthly income runs $1,808/mo, and annual cash flow reaches $1,819/yr on $72,234 cash to close. Return on cash invested measures 22.43% in year one, and rental yield registers 9.96% at a $217,900 basis. Equity gained on principal adds $1,406/yr, and annual property appreciation at 5% supports $60,202 by year five. Five-year ROI tracks 118.23% and total cumulative return in cash totals $85,404. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,808/mo property income relative to a $1,067/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1967
N/A lot
$N/A/sqft
$150 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33162, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,041 (100%) |
| Owner Occupied HU | 7,599 (50.5%) |
| Renter Occupied HU | 6,333 (42.1%) |
| Vacant Housing Units | 1,109 ( 7.4%) |
| Median Home Value | $446,709 |
| Average Home Value | $500,212 |
Housing Distribution
Address Breakdown
Residential
13,934
Single Family
9,360
Multi-Family
4,574
Businesses
1,464
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Listed by: Bella Carcasses • Carden Realty & Investment Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11716624
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.