18422 NW 42nd CtMiami 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
Rental property for sale in Miami Gardens at 18422 NW 42nd Ct, Miami Gardens, FL, 33055 generates $3,662/mo in rent and, after a $2,589/mo payment, leaves $152/mo in cash flow. Total monthly income is $3,662/mo, and annual cash flow is $1,820/yr on $174,041 invested. Return on cash invested sits at 21.11% in year one, and rental yield is 8.31% on a $529,000 entry. Equity gained on principal adds $3,414/yr, while 5% annual appreciation builds toward $146,153 over five years. Five-year ROI reaches 109.82% and total cumulative return in cash sums $191,129. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,662/mo property income rather than buyer’s personal income.
Single Family
Built in 1967
7,501 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: Janet M Del'Etoile • Allstar Realty Inc
Mls Name: BeachesMLS
Mls ID: #F10537498