21241 NE 2nd AveMiamiFL33179
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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 21241 NE 2nd Ave, Miami, FL, 33179 generates $4,658/mo in rent and, after a $2,521/mo payment, leaves $1,240/mo in cash flow. Total monthly income is $4,658/mo, and annual cash flow is $14,880/yr on $169,435 invested. Return on cash invested sits at 28.84% in year one, and rental yield is 10.85% on a $515,000 entry. Equity gained on principal adds $3,323/yr, while 5% annual appreciation builds toward $142,285 over five years. Five-year ROI reaches 151.33% and total cumulative return in cash sums $256,405. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,658/mo property income rather than buyer’s personal income.
Single Family
Built in 1968
7,500 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
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