1984 NW 4th Ct #308MiamiFL33136
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1984 NW 4th Ct #308, Miami, FL, 33136 uses $79,064 cash to close to unlock $16,159/yr annual cash flow and $1,347/mo monthly cash flow. Total monthly income runs $3,521/mo, and a $1,167/mo payment keeps the spread at $1,347/mo. Purchase price stands at $238,503, and rental yield measures 17.72% with $3,521/mo rent. Return on cash invested shows 40.35% in year one, and 5% annual appreciation builds toward $65,894 over five years. Five-year ROI reaches 216.3% and total cumulative return in cash records $171,012. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,521/mo property income covering a $1,167/mo payment rather than investor’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
$592 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33136, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,665 (100%) |
| Owner Occupied HU | 889 (10.3%) |
| Renter Occupied HU | 6,525 (75.3%) |
| Vacant Housing Units | 1,251 (14.4%) |
| Median Home Value | $379,282 |
| Average Home Value | $523,324 |
Housing Distribution
Address Breakdown
Residential
8,328
Single Family
1,182
Multi-Family
7,146
Businesses
526
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices