20 NW 93rd StMiami ShoresFL33150
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
Rental property for sale in Miami Shores at 20 NW 93rd St, Miami Shores, FL, 33150 generates $3,240/mo in rent, after a $4,498/mo payment. Total monthly income is $3,240/mo. Return on cash invested sits at 8.71% in year one, and rental yield is 4.23% on a $919,000 entry. Equity gained on principal adds $5,930/yr, while 5% annual appreciation builds toward $253,903 over five years. Five-year ROI reaches 43.37% and total cumulative return in cash sums $131,137. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,240/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
7,650 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33150, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,890 (100%) |
| Owner Occupied HU | 3,924 (36.0%) |
| Renter Occupied HU | 6,319 (58.0%) |
| Vacant Housing Units | 647 ( 5.9%) |
| Median Home Value | $475,794 |
| Average Home Value | $554,221 |
Housing Distribution
Address Breakdown
Residential
9,963
Single Family
7,582
Multi-Family
2,381
Businesses
761
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Richard Zimmerman • Graber Realty Group LLC
Mls Name: MIAMI
Mls ID: #A11937248