224 NE 47th StMiamiFL33137
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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 224 NE 47th St, Miami, FL, 33137 earns $3,683/mo cash flow from $6,240/mo rent with a $1,886/mo payment. Total monthly income totals $6,240/mo, and annual cash flow totals $44,196/yr on $127,707 capital. ROI tracks 54.52% on current figures, and rental yield reads 19.44% at a $385,239 purchase. Equity gained on principal adds $2,486/yr, and 5% annual appreciation supports $106,434 over five years. Five-year ROI reaches 289.04% and total cumulative return in cash sums $369,121. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,240/mo property income instead of your personal income.
Single Family
Built in 1941
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33137, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,753 (100%) |
| Owner Occupied HU | 3,908 (19.8%) |
| Renter Occupied HU | 12,017 (60.8%) |
| Vacant Housing Units | 3,828 (19.4%) |
| Median Home Value | $698,126 |
| Average Home Value | $916,297 |
Housing Distribution
Address Breakdown
Residential
16,819
Single Family
2,312
Multi-Family
14,507
Businesses
1,609
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