1861 NW North River Dr #3MiamiFL33125
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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 Miami at 1861 NW North River Dr #3, Miami, FL, 33125 listed at $464,900 pairs $2,988/mo rent with a $2,275/mo payment. Total monthly income runs $2,988/mo. Return on cash invested measures 7.9% in year one, and rental yield registers 7.71% at a $464,900 basis. Equity gained on principal adds $3,000/yr, and annual property appreciation at 5% supports $128,443 by year five. Five-year ROI tracks 43.12% and total cumulative return in cash totals $66,448. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,988/mo property income relative to a $2,275/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2010
N/A lot
$N/A/sqft
$1,446 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33125, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,408 (100%) |
| Owner Occupied HU | 5,441 (24.3%) |
| Renter Occupied HU | 15,974 (71.3%) |
| Vacant Housing Units | 993 ( 4.4%) |
| Median Home Value | $475,381 |
| Average Home Value | $585,368 |
Housing Distribution
Address Breakdown
Residential
20,334
Single Family
9,534
Multi-Family
10,800
Businesses
1,066
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Listed by: Jose Lorenzo • Premier Global Brokers, LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11607411
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.