21209 NW 14th Pl APT 720Miami GardensFL33169
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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 Miami Gardens at 21209 NW 14th Pl APT 720, Miami Gardens, FL, 33169 uses $125,937 cash to close to unlock $9,628/yr annual cash flow and $802/mo monthly cash flow. Total monthly income runs $3,323/mo, and a $1,859/mo payment keeps the spread at $802/mo. Purchase price stands at $379,900, and rental yield measures 10.5% with $3,323/mo rent. Return on cash invested shows 27.55% in year one, and 5% annual appreciation builds toward $104,959 over five years. Five-year ROI reaches 144.44% and total cumulative return in cash records $181,901. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,323/mo property income covering a $1,859/mo payment rather than investor’s personal income.
Townhouse
Built in 2006
N/A lot
$N/A/sqft
No 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
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Listed by: Ibel Martinez • Rejoice Realty Group, Inc.
Mls Name: MIAMI
Mls ID: #A11894508