18555 NE 14th Ave APT 514North 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 18555 NE 14th Ave APT 514, North Miami Beach, FL, 33179 uses $87,848 cash to close to unlock $1,026/yr annual cash flow and $85/mo monthly cash flow. Total monthly income runs $1,844/mo, and a $1,297/mo payment keeps the spread at $85/mo. Purchase price stands at $265,000, and rental yield measures 8.35% with $1,844/mo rent. Return on cash invested shows 21.08% in year one, and 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 109.71% and total cumulative return in cash records $96,375. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,844/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Condo
Built in 1967
N/A 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: Ana Palomino • Beachfront Realty Inc
Mls Name: MIAMI
Mls ID: #A11856098