22808 SW 89th Path #.Cutler 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
Rental property for sale in Cutler Bay at 22808 SW 89th Path #, Cutler Bay, FL, 33190 generates $4,030/mo in rent, after a $3,034/mo payment. Total monthly income is $4,030/mo. Return on cash invested sits at 19.57% in year one, and rental yield is 7.8% on a $619,900 entry. Equity gained on principal adds $4,000/yr, while 5% annual appreciation builds toward $171,267 over five years. Five-year ROI reaches 101.58% and total cumulative return in cash sums $207,176. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,030/mo property income rather than buyer’s personal income.
Townhouse
Built in 2007
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: Praveen Badgamia • Prime Realty Services
Mls Name: BeachesMLS
Mls ID: #F10516593