2028 NE 167th St #3155North Miami BeachFL33162
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 North Miami Beach at 2028 NE 167th St #3155, North Miami Beach, FL, 33162 listed at $335,000 pairs $3,134/mo rent with a $1,640/mo payment to leave $243/mo cash flow. Total monthly income runs $3,134/mo, and annual cash flow reaches $2,914/yr on $111,053 cash to close. Return on cash invested measures 22.53% in year one, and rental yield registers 11.23% at a $335,000 basis. Equity gained on principal adds $2,162/yr, and annual property appreciation at 5% supports $92,554 by year five. Five-year ROI tracks 120.11% and total cumulative return in cash totals $133,388. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,134/mo property income relative to a $1,640/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2006
N/A lot
$N/A/sqft
$529 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Claudia Schifino • Lumer Real Estate
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11724983
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.