2025 NE 164th St APT 1006North Miami BeachFL33162
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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 North Miami Beach at 2025 NE 164th St APT 1006, North Miami Beach, FL, 33162 earns $163/mo cash flow from $956/mo rent with a $585/mo payment. Total monthly income totals $956/mo, and annual cash flow totals $1,954/yr on $39,614 capital. ROI tracks 24.84% on current figures, and rental yield reads 9.6% at a $119,500 purchase. Equity gained on principal adds $771/yr, and 5% annual appreciation supports $33,016 over five years. Five-year ROI reaches 129.88% and total cumulative return in cash sums $51,450. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $956/mo property income instead of your personal income.
Condo
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33162, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,041 (100%) |
| Owner Occupied HU | 7,599 (50.5%) |
| Renter Occupied HU | 6,333 (42.1%) |
| Vacant Housing Units | 1,109 ( 7.4%) |
| Median Home Value | $446,709 |
| Average Home Value | $500,212 |
Housing Distribution
Address Breakdown
Residential
13,934
Single Family
9,360
Multi-Family
4,574
Businesses
1,464
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Listed by: Deborah Storch • Blue One Realty, LLC
Mls Name: MIAMI
Mls ID: #A11935339