201 W Park Dr APT 203-2MiamiFL33172
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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
Rental property for sale in Miami at 201 W Park Dr APT 203-2, Miami, FL, 33172 generates $3,190/mo in rent and, after a $1,759/mo payment, leaves $560/mo in cash flow. Total monthly income is $3,190/mo, and annual cash flow is $6,723/yr on $119,108 invested. Return on cash invested sits at 25.55% in year one, and rental yield is 10.65% on a $359,300 entry. Equity gained on principal adds $2,319/yr, while 5% annual appreciation builds toward $99,268 over five years. Five-year ROI reaches 134.63% and total cumulative return in cash sums $160,350. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,190/mo property income rather than buyer’s personal income.
Condo
Built in 1981
N/A lot
$N/A/sqft
$245 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33172, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,611 (100%) |
| Owner Occupied HU | 7,597 (43.1%) |
| Renter Occupied HU | 9,290 (52.8%) |
| Vacant Housing Units | 724 ( 4.1%) |
| Median Home Value | $323,921 |
| Average Home Value | $406,612 |
Housing Distribution
Address Breakdown
Residential
16,288
Single Family
4,549
Multi-Family
11,739
Businesses
2,989
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