22411 SW 88th Pl UNIT 14-26Cutler 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 22411 SW 88th Pl UNIT 14-26, Cutler Bay, FL, 33190 listed at $359,990 pairs $3,194/mo rent with a $1,762/mo payment to leave $805/mo cash flow. Total monthly income runs $3,194/mo, and annual cash flow reaches $9,660/yr on $119,337 cash to close. Return on cash invested measures 28% in year one, and rental yield registers 10.65% at a $359,990 basis. Equity gained on principal adds $2,323/yr, and annual property appreciation at 5% supports $99,459 by year five. Five-year ROI tracks 146.87% and total cumulative return in cash totals $175,266. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,194/mo property income relative to a $1,762/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2014
N/A lot
$N/A/sqft
No 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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Listed by: Juan Acevedo • Fortune Christie's International Real Estate
Mls Name: MIAMI
Mls ID: #A11901368