200 178th Dr APT 504Sunny 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 200 178th Dr APT 504, Sunny Isles Beach, FL, 33160 earns from $2,546/mo rent with a $1,537/mo payment. Total monthly income totals $2,546/mo. ROI tracks 17.73% on current figures, and rental yield reads 9.73% at a $314,000 purchase. Equity gained on principal adds $2,026/yr, and 5% annual appreciation supports $86,752 over five years. Five-year ROI reaches 94.51% and total cumulative return in cash sums $98,379. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,546/mo property income instead of your personal income.
Condo
Built in 1976
N/A lot
$N/A/sqft
$600 monthly 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: Adam Bursztein • Compass Florida, LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11789032
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.