18440 NE 20th CtNorth Miami BeachFL33179
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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 18440 NE 20th Ct, North Miami Beach, FL, 33179 earns $677/mo cash flow from $5,056/mo rent with a $3,230/mo payment. Total monthly income totals $5,056/mo, and annual cash flow totals $8,118/yr on $217,140 capital. ROI tracks 23.8% on current figures, and rental yield reads 9.19% at a $660,000 purchase. Equity gained on principal adds $4,259/yr, and 5% annual appreciation supports $182,346 over five years. Five-year ROI reaches 124.27% and total cumulative return in cash sums $269,829. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,056/mo property income instead of your personal income.
Single Family
Built in 1957
6,045 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33179, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,897 (100%) |
| Owner Occupied HU | 11,708 (56.0%) |
| Renter Occupied HU | 7,888 (37.7%) |
| Vacant Housing Units | 1,301 ( 6.2%) |
| Median Home Value | $417,762 |
| Average Home Value | $504,468 |
Housing Distribution
Address Breakdown
Residential
19,454
Single Family
9,651
Multi-Family
9,803
Businesses
873
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Listed by: Nicolay Castro • Realty One Group Estates
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11825490
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.