2215 NW 1st Pl #710MiamiFL33127
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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
Total monthly income runs $2,816/mo, and a $2,545/mo payment. Purchase price stands at $520,000, and rental yield measures 6.5% with $2,816/mo rent. Return on cash invested shows 8.57% in year one, and 5% annual appreciation builds toward $143,666 over five years. Five-year ROI reaches 45.14% and total cumulative return in cash records $77,231. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,816/mo property income covering a $2,545/mo payment rather than investor’s personal income.
Condo
Built in 2027
N/A lot
$N/A/sqft
$1,004 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33127, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,349 (100%) |
| Owner Occupied HU | 2,798 (22.7%) |
| Renter Occupied HU | 8,001 (64.8%) |
| Vacant Housing Units | 1,550 (12.6%) |
| Median Home Value | $495,422 |
| Average Home Value | $663,850 |
Housing Distribution
Address Breakdown
Residential
10,554
Single Family
6,760
Multi-Family
3,794
Businesses
1,549
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Listed by: Robert Wands • Douglas Elliman
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11911541
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.