1855 NE 121st St APT 31North MiamiFL33181
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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 at 1855 NE 121st St APT 31, North Miami, FL, 33181 earns $175/mo cash flow from $1,323/mo rent with a $847/mo payment. Total monthly income totals $1,323/mo, and annual cash flow totals $2,096/yr on $57,350 capital. ROI tracks 23.56% on current figures, and rental yield reads 9.18% at a $173,000 purchase. Equity gained on principal adds $1,116/yr, and 5% annual appreciation supports $47,797 over five years. Five-year ROI reaches 123.04% and total cumulative return in cash sums $70,563. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,323/mo property income instead of your personal income.
Condo
Built in 1963
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33181, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,248 (100%) |
| Owner Occupied HU | 3,662 (35.7%) |
| Renter Occupied HU | 5,585 (54.5%) |
| Vacant Housing Units | 1,001 ( 9.8%) |
| Median Home Value | $566,099 |
| Average Home Value | $739,800 |
Housing Distribution
Address Breakdown
Residential
10,082
Single Family
2,747
Multi-Family
7,335
Businesses
1,260
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Listed by: Cecilia Bonfante • Grand Realty of America, Corp.
Mls Name: MIAMI
Mls ID: #A11922811