19707 Turnberry Way APT 14EMiamiFL33180
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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 19707 Turnberry Way APT 14E, Miami, FL, 33180 earns $1,399/mo cash flow from $8,208/mo rent with a $4,283/mo payment. Total monthly income totals $8,208/mo, and annual cash flow totals $16,788/yr on $287,875 capital. ROI tracks 25.89% on current figures, and rental yield reads 11.26% at a $875,000 purchase. Equity gained on principal adds $5,646/yr, and 5% annual appreciation supports $241,746 over five years. Five-year ROI reaches 137.01% and total cumulative return in cash sums $394,415. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $8,208/mo property income instead of your personal income.
Condo
Built in 1979
N/A lot
$N/A/sqft
$1,002 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33180, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,279 (100%) |
| Owner Occupied HU | 9,992 (47.0%) |
| Renter Occupied HU | 5,706 (26.8%) |
| Vacant Housing Units | 5,581 (26.2%) |
| Median Home Value | $606,613 |
| Average Home Value | $728,383 |
Housing Distribution
Address Breakdown
Residential
19,046
Single Family
2,662
Multi-Family
16,384
Businesses
1,561
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Listed by: Joseph Seriki • One Sotheby's International Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11610261
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.