21200 Point Pl APT 605AventuraFL33180
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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 Aventura at 21200 Point Pl APT 605, Aventura, FL, 33180 generates $20,220/mo in rent and, after a $9,300/mo payment, leaves $2,601/mo in cash flow. Total monthly income is $20,220/mo, and annual cash flow is $31,213/yr on $615,600 invested. Return on cash invested sits at 25.44% in year one, and rental yield is 12.77% on a $1,900,000 entry. Equity gained on principal adds $12,260/yr, while 5% annual appreciation builds toward $524,935 over five years. Five-year ROI reaches 136.55% and total cumulative return in cash sums $840,591. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $20,220/mo property income rather than buyer’s personal income.
Condo
Built in 2004
N/A lot
$N/A/sqft
$4,017 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33180, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,279 (100%) |
| Owner Occupied HU | 9,992 (47.0%) |
| Renter Occupied HU | 5,706 (26.8%) |
| Vacant Housing Units | 5,581 (26.2%) |
| Median Home Value | $606,613 |
| Average Home Value | $728,383 |
Housing Distribution
Address Breakdown
Residential
19,046
Single Family
2,662
Multi-Family
16,384
Businesses
1,561
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Listed by: Patricia Genis • One Sotheby's International Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11639494
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.