21020 Highland Lakes BoulevardNorth Miami BeachFL33179
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
Total monthly income runs $4,873/mo, and a $6,461/mo payment. Purchase price stands at $1,320,000, and rental yield measures 4.43% with $4,873/mo rent. Return on cash invested shows 9.46% in year one, and 5% annual appreciation builds toward $364,692 over five years. Five-year ROI reaches 47.33% and total cumulative return in cash records $202,411. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,873/mo property income covering a $6,461/mo payment rather than investor’s personal income.
Single Family
Built in 1961
8,080 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Roei Vaanunu • Home Solutions Team, LLC
Mls Name: BeachesMLS
Mls ID: #RX-11130363