2280 SW 32nd Ave APT 511MiamiFL33145
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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
Rental property for sale in Miami at 2280 SW 32nd Ave APT 511, Miami, FL, 33145 generates $3,157/mo in rent and, after a $1,860/mo payment, leaves $635/mo in cash flow. Total monthly income is $3,157/mo, and annual cash flow is $7,622/yr on $125,970 invested. Return on cash invested sits at 25.96% in year one, and rental yield is 9.97% on a $380,000 entry. Equity gained on principal adds $2,452/yr, while 5% annual appreciation builds toward $104,987 over five years. Five-year ROI reaches 135.9% and total cumulative return in cash sums $171,193. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,157/mo property income rather than buyer’s personal income.
Condo
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33145, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,796 (100%) |
| Owner Occupied HU | 5,856 (45.8%) |
| Renter Occupied HU | 6,184 (48.3%) |
| Vacant Housing Units | 756 ( 5.9%) |
| Median Home Value | $616,602 |
| Average Home Value | $663,659 |
Housing Distribution
Address Breakdown
Residential
11,611
Single Family
8,008
Multi-Family
3,603
Businesses
945
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