2127 Brickell Ave APT 606MiamiFL33129
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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 2127 Brickell Ave APT 606, Miami, FL, 33129 generates $8,138/mo in rent, after a $4,870/mo payment. Total monthly income is $8,138/mo. Return on cash invested sits at 17.15% in year one, and rental yield is 9.81% on a $995,000 entry. Equity gained on principal adds $6,421/yr, while 5% annual appreciation builds toward $274,900 over five years. Five-year ROI reaches 91.73% and total cumulative return in cash sums $300,282. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $8,138/mo property income rather than buyer’s personal income.
Condo
Built in 1993
N/A lot
$N/A/sqft
$2,065 monthly HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 33129, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,959 (100%) |
| Owner Occupied HU | 3,864 (48.5%) |
| Renter Occupied HU | 3,156 (39.7%) |
| Vacant Housing Units | 939 (11.8%) |
| Median Home Value | $731,163 |
| Average Home Value | $873,278 |
Housing Distribution
Address Breakdown
Residential
7,737
Single Family
1,778
Multi-Family
5,959
Businesses
312
Price History
Date | Event | Price |
|---|---|---|
| 2023-05-30 | Sold | $900,000 |
| 2022-08-01 | Sold | $700,000 |
| 2012-11-05 | Sold | $445,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-05 | $12009.05 | 17.27% | $584,200 | 22.73% |
| 2022-09-05 | $10240.80 | 11.38% | $476,012 | 10.00% |
| 2021-09-05 | $9194.22 | -0.24% | $432,739 | N/A |
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Facts & Features
General Information
- Type: Condo
- Year Built: 1993
- Architectural Style: N/A
- Building Area: 1,210
- Living Area: 1,210 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central
- Cooling: Central Air
- Flooring: Wood
- Interior Features: Built-in Features, Elevator, Split Bedroom, Den/Library/Office
- Exterior Features: Open Balcony
- Parking Features: 1 Space
Location
HOA & Fees
- HOA Fee: $2,065 monthly
- Association Fee: $2,065 monthly
- Fees & Dues: N/A
- Association Amenities: Barbecue, Bike Storage, Child Play Area, Community Room, Elevator(s), Fitness Center, Storage, Kitchen Facilities, Sauna, Tennis Court(s), Trash Chute, Car Wash Area
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: N/A
- Water Source: N/A
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Matthew Crane • Compass Florida, LLC.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11640533
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.