18422 NW 42nd Ct, Miami Gardens, FL, 33055 | $670/mo Cash Flow | Ziffy
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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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NMLS #2625701
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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
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Investment Highlights

Rental property for sale in Miami Gardens at 18422 NW 42nd Ct, Miami Gardens, FL, 33055 generates $4,187/mo in rent and, after a $2,594/mo payment, leaves $670/mo in cash flow. Total monthly income is $4,187/mo, and annual cash flow is $8,039/yr on $174,370 invested. Return on cash invested sits at 24.67% in year one, and rental yield is 9.48% on a $530,000 entry. Equity gained on principal adds $3,420/yr, while 5% annual appreciation builds toward $146,429 over five years. Five-year ROI reaches 128.93% and total cumulative return in cash sums $224,815. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,187/mo property income rather than buyer’s personal income.

Single Family

Built in 1967

7,501 sqft lot

$N/A/sqft

No HOA

More details about the property

Nice 3/2 home with family room and carport. Updated kitchen and baths. New Air Condition unit. Fully fenced yard. All tile floors. Nice open layout. Separate storage room in back yard. Well cared for and looking for new owners to enjoy. Close to shopping, schools, major roadways.

Neighborhood Data

Neighborhood data shown for ZIP Code: 33055, Opa Locka, FL area.

Housing Distribution

Housing Statistics

CategoryValue
Total HU (Housing Units)12,602 (100%)
Owner Occupied HU9,791 (77.7%)
Renter Occupied HU2,665 (21.1%)
Vacant Housing Units146 ( 1.2%)
Median Home Value$382,793
Average Home Value$499,620

Address Breakdown

Residential

12,413

Single Family

12,035

Multi-Family

378

Businesses

406

Price History

Date

Event

Price

No price history data available

Tax History

Date

Tax Paid

Tax Increase Rate

Value

Value Increase Rate

No tax history data available
Loan officer
Loan officer
Loan officer
Powered by
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NMLS #2625701
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Facts & Features

General Information

  • Type: SingleFamily
  • Year Built: 1967
  • Architectural Style: N/A
  • Building Area: N/A
  • Living Area: N/A
  • Property Condition: N/A

Features & Amenities

  • Heating: N/A
  • Cooling: N/A
  • Flooring: N/A
  • Interior Features: N/A
  • Exterior Features: N/A
  • Parking Features: Attached Carport, Driveway

Location

  • City: Miami Gardens
  • State: FL
  • Subdivision: N/A
  • Lot Size: 7,501 sqft
  • Lot Features: N/A
  • View: N/A

HOA & Fees

  • HOA Fee: N/A
  • Association Fee: N/A
  • Fees & Dues: N/A
  • Association Amenities: N/A
  • Association Fee Includes: N/A

Utilities

  • Utilities: N/A
  • Sewer: N/A
  • Water Source: N/A
  • Road Surface Type: N/A

School Information

  • Elementary School: N/A
  • Middle School: N/A
  • High School: N/A

Listed by: Janet M Del'Etoile • Allstar Realty Inc 

Mls Name: BeachesMLS

Mls ID: #F10537498

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