20615 Highland Lakes BlvdMiamiFL33179
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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 20615 Highland Lakes Blvd, Miami, FL, 33179 offers $7,093/mo rent that, after a $4,649/mo payment, leaves $787/mo cash flow. Total monthly income is $7,093/mo, and annual cash flow is $9,441/yr on $312,484 cash. Return on cash invested measures 23.08% in year one, and rental yield stands at 8.96% at a $949,800 entry. Equity gained on principal adds $6,129/yr while 5% annual appreciation compounds into $262,412 by year five. Five-year ROI records 120.41% and total cumulative return in cash reaches $376,259. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $7,093/mo property income versus a $4,649/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
8,624 sqft lot
$N/A/sqft
$3 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33179, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,897 (100%) |
| Owner Occupied HU | 11,708 (56.0%) |
| Renter Occupied HU | 7,888 (37.7%) |
| Vacant Housing Units | 1,301 ( 6.2%) |
| Median Home Value | $417,762 |
| Average Home Value | $504,468 |
Housing Distribution
Address Breakdown
Residential
19,454
Single Family
9,651
Multi-Family
9,803
Businesses
873
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