18482 SW 89th PlCutler BayFL33157
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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 Cutler Bay at 18482 SW 89th Pl, Cutler Bay, FL, 33157 generates $5,358/mo in rent and, after a $3,274/mo payment, leaves $919/mo in cash flow. Total monthly income is $5,358/mo, and annual cash flow is $11,026/yr on $220,101 invested. Return on cash invested sits at 25.07% in year one, and rental yield is 9.61% on a $669,000 entry. Equity gained on principal adds $4,317/yr, while 5% annual appreciation builds toward $184,832 over five years. Five-year ROI reaches 131.07% and total cumulative return in cash sums $288,495. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,358/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
8,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33157, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,092 (100%) |
| Owner Occupied HU | 15,135 (62.8%) |
| Renter Occupied HU | 7,769 (32.2%) |
| Vacant Housing Units | 1,188 ( 4.9%) |
| Median Home Value | $556,743 |
| Average Home Value | $620,214 |
Housing Distribution
Address Breakdown
Residential
24,073
Single Family
19,662
Multi-Family
4,411
Businesses
2,254
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Listed by: Nicole Black • Cutler Realty, Inc.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11652355
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.