19370 Collins Ave APT 415Sunny Isles 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 Sunny Isles Beach at 19370 Collins Ave APT 415, Sunny Isles Beach, FL, 33160 listed at $429,000 pairs $3,052/mo rent with a $2,100/mo payment to leave $205/mo cash flow. Total monthly income runs $3,052/mo, and annual cash flow reaches $2,458/yr on $142,214 cash to close. Return on cash invested measures 21.64% in year one, and rental yield registers 8.54% at a $429,000 basis. Equity gained on principal adds $2,768/yr, and annual property appreciation at 5% supports $118,525 by year five. Five-year ROI tracks 112.69% and total cumulative return in cash totals $160,261. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,052/mo property income relative to a $2,100/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1972
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: Eduardo Garcia Flores • GF Real Estate
Mls Name: MIAMI
Mls ID: #A11900034