18902 NW 46th AveMiami GardensFL33055
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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 Gardens at 18902 NW 46th Ave, Miami Gardens, FL, 33055 uses $122,324 cash to close to unlock $8,764/yr annual cash flow and $730/mo monthly cash flow. Total monthly income runs $3,179/mo, and a $1,806/mo payment keeps the spread at $730/mo. Purchase price stands at $369,000, and rental yield measures 10.34% with $3,179/mo rent. Return on cash invested shows 27.07% in year one, and 5% annual appreciation builds toward $101,948 over five years. Five-year ROI reaches 141.87% and total cumulative return in cash records $173,535. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,179/mo property income covering a $1,806/mo payment rather than investor’s personal income.
Townhouse
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33055, Opa Locka, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,602 (100%) |
| Owner Occupied HU | 9,791 (77.7%) |
| Renter Occupied HU | 2,665 (21.1%) |
| Vacant Housing Units | 146 ( 1.2%) |
| Median Home Value | $382,793 |
| Average Home Value | $499,620 |
Housing Distribution
Address Breakdown
Residential
12,413
Single Family
12,035
Multi-Family
378
Businesses
406
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Listed by: Bryan Tirador • Florida Premier Realty
Mls Name: MIAMI
Mls ID: #A11884118