18800 NE 29th Ave #704AventuraFL33180
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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 Aventura at 18800 NE 29th Ave #704, Aventura, FL, 33180 uses $160,778 cash to close to unlock $3,075/yr annual cash flow and $256/mo monthly cash flow. Total monthly income runs $3,475/mo, and a $2,374/mo payment keeps the spread at $256/mo. Purchase price stands at $485,000, and rental yield measures 8.6% with $3,475/mo rent. Return on cash invested shows 21.82% in year one, and 5% annual appreciation builds toward $133,997 over five years. Five-year ROI reaches 113.71% and total cumulative return in cash records $182,822. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,475/mo property income covering a $2,374/mo payment rather than investor’s personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33180, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,279 (100%) |
| Owner Occupied HU | 9,992 (47.0%) |
| Renter Occupied HU | 5,706 (26.8%) |
| Vacant Housing Units | 5,581 (26.2%) |
| Median Home Value | $606,613 |
| Average Home Value | $728,383 |
Housing Distribution
Address Breakdown
Residential
19,046
Single Family
2,662
Multi-Family
16,384
Businesses
1,561
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