1824 SW 24th StMiamiFL33145
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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 Miami at 1824 SW 24th St, Miami, FL, 33145 earns from $4,013/mo rent with a $3,921/mo payment. Total monthly income totals $4,013/mo. ROI tracks 14.13% on current figures, and rental yield reads 6.01% at a $801,000 purchase. Equity gained on principal adds $5,169/yr, and 5% annual appreciation supports $221,302 over five years. Five-year ROI reaches 72.41% and total cumulative return in cash sums $190,810. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,013/mo property income instead of your personal income.
Single Family
Built in 1935
7,850 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33145, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,796 (100%) |
| Owner Occupied HU | 5,856 (45.8%) |
| Renter Occupied HU | 6,184 (48.3%) |
| Vacant Housing Units | 756 ( 5.9%) |
| Median Home Value | $616,602 |
| Average Home Value | $663,659 |
Housing Distribution
Address Breakdown
Residential
11,611
Single Family
8,008
Multi-Family
3,603
Businesses
945
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Listed by: Alvin Maestre • M-Sec Realty, LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11839142
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.