1861 NW South River Dr UNIT 2210MiamiFL33125
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 South River Dr UNIT 2210, Miami, FL, 33125 uses $129,617 cash to close to unlock $5,212/yr annual cash flow and $434/mo monthly cash flow. Total monthly income runs $3,593/mo, and a $1,914/mo payment keeps the spread at $434/mo. Purchase price stands at $391,000, and rental yield measures 11.03% with $3,593/mo rent. Return on cash invested shows 23.93% in year one, and 5% annual appreciation builds toward $108,026 over five years. Five-year ROI reaches 126.91% and total cumulative return in cash records $164,494. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,593/mo property income covering a $1,914/mo payment rather than investor’s personal income.
Apartment
Built in 2010
N/A lot
$N/A/sqft
$305 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices