20004 SW 82nd PlCutler BayFL33189
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 Cutler Bay at 20004 SW 82nd Pl, Cutler Bay, FL, 33189 uses $213,850 cash to close to unlock $1,523/yr annual cash flow and $127/mo monthly cash flow. Total monthly income runs $4,440/mo, and a $3,181/mo payment keeps the spread at $127/mo. Purchase price stands at $650,000, and rental yield measures 8.2% with $4,440/mo rent. Return on cash invested shows 20.77% in year one, and 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 108.02% and total cumulative return in cash records $231,002. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,440/mo property income covering a $3,181/mo payment rather than investor’s personal income.
Single Family
Built in 1974
9,502 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33189, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,800 (100%) |
| Owner Occupied HU | 5,592 (57.1%) |
| Renter Occupied HU | 3,940 (40.2%) |
| Vacant Housing Units | 268 ( 2.7%) |
| Median Home Value | $466,823 |
| Average Home Value | $556,060 |
Housing Distribution
Address Breakdown
Residential
9,346
Single Family
7,297
Multi-Family
2,049
Businesses
475
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ernie Emad • One Premier International
Mls Name: MIAMI
Mls ID: #A11954271