22311 SW 88th Pl #2024Cutler BayFL33190
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 22311 SW 88th Pl #2024, Cutler Bay, FL, 33190 earns $290/mo cash flow from $2,520/mo rent with a $1,410/mo payment. Total monthly income totals $2,520/mo, and annual cash flow totals $3,477/yr on $95,472 capital. ROI tracks 23.55% on current figures, and rental yield reads 10.5% at a $288,000 purchase. Equity gained on principal adds $1,858/yr, and 5% annual appreciation supports $79,569 over five years. Five-year ROI reaches 124.41% and total cumulative return in cash sums $118,776. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,520/mo property income instead of your personal income.
Condo
Built in 2014
N/A lot
$N/A/sqft
$83 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Wanda Lugo • La Rosa Realty LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11725802
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.