20884 NW 9th PathMiami GardensFL33169
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 Miami Gardens at 20884 NW 9th Path, Miami Gardens, FL, 33169 uses $161,606 cash to close to unlock $4,419/yr annual cash flow and $368/mo monthly cash flow. Total monthly income runs $4,192/mo, and a $2,386/mo payment keeps the spread at $368/mo. Purchase price stands at $487,500, and rental yield measures 10.32% with $4,192/mo rent. Return on cash invested shows 22.64% in year one, and 5% annual appreciation builds toward $134,687 over five years. Five-year ROI reaches 119.7% and total cumulative return in cash records $193,435. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,192/mo property income covering a $2,386/mo payment rather than investor’s personal income.
Townhouse
Built in 2021
N/A lot
$N/A/sqft
$154 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33169, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,882 (100%) |
| Owner Occupied HU | 7,556 (50.8%) |
| Renter Occupied HU | 6,765 (45.5%) |
| Vacant Housing Units | 561 ( 3.8%) |
| Median Home Value | $413,015 |
| Average Home Value | $503,531 |
Housing Distribution
Address Breakdown
Residential
14,425
Single Family
10,219
Multi-Family
4,206
Businesses
1,437
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jonathan Gilman • Coldwell Banker Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11706451
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.