21812 SW 98th PlCutler BayFL33190
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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 Cutler Bay at 21812 SW 98th Pl, Cutler Bay, FL, 33190 uses $159,849 cash to close to unlock $2,044/yr annual cash flow and $170/mo monthly cash flow. Total monthly income runs $3,590/mo, and a $2,360/mo payment keeps the spread at $170/mo. Purchase price stands at $482,200, and rental yield measures 8.93% with $3,590/mo rent. Return on cash invested shows 21.19% in year one, and 5% annual appreciation builds toward $133,223 over five years. Five-year ROI reaches 110.9% and total cumulative return in cash records $177,275. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,590/mo property income covering a $2,360/mo payment rather than investor’s personal income.
Home Type Unknown
Built in 1984
3,789 sqft lot
$N/A/sqft
$84 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33190, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,214 (100%) |
| Owner Occupied HU | 3,053 (58.6%) |
| Renter Occupied HU | 2,032 (39.0%) |
| Vacant Housing Units | 129 ( 2.5%) |
| Median Home Value | $454,894 |
| Average Home Value | $482,663 |
Housing Distribution
Address Breakdown
Residential
5,476
Single Family
4,163
Multi-Family
1,313
Businesses
16
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