2287 NE 122nd St #2287North MiamiFL33181
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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 North Miami at 2287 NE 122nd St #2287, North Miami, FL, 33181 uses $157,032 cash to close to unlock $18,048/yr annual cash flow and $1,504/mo monthly cash flow. Total monthly income runs $4,898/mo, and a $2,319/mo payment keeps the spread at $1,504/mo. Purchase price stands at $473,700, and rental yield measures 12.41% with $4,898/mo rent. Return on cash invested shows 31.4% in year one, and 5% annual appreciation builds toward $130,875 over five years. Five-year ROI reaches 165.75% and total cumulative return in cash records $260,275. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,898/mo property income covering a $2,319/mo payment rather than investor’s personal income.
Multi Family
Built in 1965
1,600 sqft lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33181, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,248 (100%) |
| Owner Occupied HU | 3,662 (35.7%) |
| Renter Occupied HU | 5,585 (54.5%) |
| Vacant Housing Units | 1,001 ( 9.8%) |
| Median Home Value | $566,099 |
| Average Home Value | $739,800 |
Housing Distribution
Address Breakdown
Residential
10,082
Single Family
2,747
Multi-Family
7,335
Businesses
1,260
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Listed by: N/A • N/A
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