19201 Collins Ave #602North Miami BeachFL33160
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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 North Miami Beach at 19201 Collins Ave #602, North Miami Beach, FL, 33160 earns $154/mo cash flow from $1,050/mo rent with a $661/mo payment. Total monthly income totals $1,050/mo, and annual cash flow totals $1,846/yr on $44,753 capital. ROI tracks 24.03% on current figures, and rental yield reads 9.33% at a $135,000 purchase. Equity gained on principal adds $871/yr, and 5% annual appreciation supports $37,298 over five years. Five-year ROI reaches 125.57% and total cumulative return in cash sums $56,197. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,050/mo property income instead of your personal income.
Condo
Built in 1966
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33160, North Miami Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,783 (100%) |
| Owner Occupied HU | 11,722 (34.7%) |
| Renter Occupied HU | 9,418 (27.9%) |
| Vacant Housing Units | 12,643 (37.4%) |
| Median Home Value | $574,494 |
| Average Home Value | $785,897 |
Housing Distribution
Address Breakdown
Residential
30,347
Single Family
2,370
Multi-Family
27,977
Businesses
1,198
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Listed by: Cesar Perez • Ancona Real Estate Inc
Mls Name: MIAMI
Mls ID: #A11830210