1999 NW 5th Pl APT 2MiamiFL33136
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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 1999 NW 5th Pl APT 2, Miami, FL, 33136 listed at $294,999 pairs $2,569/mo rent with a $1,444/mo payment to leave $181/mo cash flow. Total monthly income runs $2,569/mo, and annual cash flow reaches $2,175/yr on $97,792 cash to close. Return on cash invested measures 22.13% in year one, and rental yield registers 10.45% at a $294,999 basis. Equity gained on principal adds $1,904/yr, and annual property appreciation at 5% supports $81,503 by year five. Five-year ROI tracks 117.3% and total cumulative return in cash totals $114,710. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,569/mo property income relative to a $1,444/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1973
N/A lot
$N/A/sqft
$430 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
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Listed by: Takiyah Coleman • Premier Realty Homes LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11722375
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.