18410 NW 42nd AveMiami GardensFL33055
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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 Gardens at 18410 NW 42nd Ave, Miami Gardens, FL, 33055 listed at $360,000 pairs $2,577/mo rent with a $1,762/mo payment to leave $188/mo cash flow. Total monthly income runs $2,577/mo, and annual cash flow reaches $2,256/yr on $119,340 cash to close. Return on cash invested measures 21.8% in year one, and rental yield registers 8.59% at a $360,000 basis. Equity gained on principal adds $2,323/yr, and annual property appreciation at 5% supports $99,461 by year five. Five-year ROI tracks 113.55% and total cumulative return in cash totals $135,513. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,577/mo property income relative to a $1,762/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1959
8,250 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: Daisy Fernandez • Florida Sunshine Realty, LLC
Mls Name: MIAMI
Mls ID: #A11849410