1884 NW 64th StMiamiFL33147
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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
Rental property for sale in Miami at 1884 NW 64th St, Miami, FL, 33147 generates $7,334/mo in rent and, after a $4,650/mo payment, leaves $1,029/mo in cash flow. Total monthly income is $7,334/mo, and annual cash flow is $12,353/yr on $312,550 invested. Return on cash invested sits at 24.01% in year one, and rental yield is 9.26% on a $950,000 entry. Equity gained on principal adds $6,130/yr, while 5% annual appreciation builds toward $262,467 over five years. Five-year ROI reaches 125.41% and total cumulative return in cash sums $391,958. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,334/mo property income rather than buyer’s personal income.
Multi Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33147, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,194 (100%) |
| Owner Occupied HU | 8,004 (46.6%) |
| Renter Occupied HU | 7,965 (46.3%) |
| Vacant Housing Units | 1,225 ( 7.1%) |
| Median Home Value | $361,375 |
| Average Home Value | $439,784 |
Housing Distribution
Address Breakdown
Residential
15,644
Single Family
13,675
Multi-Family
1,969
Businesses
1,174
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Listed by: Clay Clyne • LoKation
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11623216
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.