2138 SW 6th Street #301MiamiFL33135
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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 at 2138 SW 6th Street #301, Miami, FL, 33135 earns $412/mo cash flow from $2,735/mo rent with a $1,713/mo payment. Total monthly income totals $2,735/mo, and annual cash flow totals $4,949/yr on $116,025 capital. ROI tracks 24.17% on current figures, and rental yield reads 9.38% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 126.32% and total cumulative return in cash sums $146,558. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,735/mo property income instead of your personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33135, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,086 (100%) |
| Owner Occupied HU | 3,113 (19.4%) |
| Renter Occupied HU | 12,228 (76.0%) |
| Vacant Housing Units | 745 ( 4.6%) |
| Median Home Value | $498,278 |
| Average Home Value | $586,356 |
Housing Distribution
Address Breakdown
Residential
14,368
Single Family
5,971
Multi-Family
8,397
Businesses
1,613
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