2040 NE 167th St #3-128North 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 2040 NE 167th St #3-128, North Miami Beach, FL, 33162 earns $313/mo cash flow from $3,167/mo rent with a $2,105/mo payment. Total monthly income totals $3,167/mo, and annual cash flow totals $3,757/yr on $142,545 capital. ROI tracks 22.54% on current figures, and rental yield reads 8.84% at a $430,000 purchase. Equity gained on principal adds $2,775/yr, and 5% annual appreciation supports $118,801 over five years. Five-year ROI reaches 117.59% and total cumulative return in cash sums $167,619. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,167/mo property income instead of your personal income.
Townhouse
Built in 2006
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: Mihaela Moldoveanu • MM Pro Realty, LLC.
Mls Name: MIAMI
Mls ID: #A11912201