18801 NE 2nd Ave APT 1014MiamiFL33179
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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 18801 NE 2nd Ave APT 1014, Miami, FL, 33179 earns from $889/mo rent with a $548/mo payment. Total monthly income totals $889/mo. ROI tracks 15.58% on current figures, and rental yield reads 9.53% at a $112,000 purchase. Equity gained on principal adds $723/yr, and 5% annual appreciation supports $30,944 over five years. Five-year ROI reaches 83.46% and total cumulative return in cash sums $30,987. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $889/mo property income instead of your personal income.
Condo
Built in 1969
N/A lot
$N/A/sqft
$280 monthly 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: Alejandro Olender • Florida Brokers Real Estate
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11787271
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.