22911 SW 88th Pl UNIT 7-21Cutler 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 22911 SW 88th Pl UNIT 7-21, Cutler Bay, FL, 33190 offers a 9.71% rental yield on a $369,000 purchase with $2,986/mo rent. Total monthly income registers $2,986/mo, and a $1,806/mo payment leaves $537/mo available for distribution. Annual cash flow reaches $6,448/yr on $122,324 to close, and return on cash invested stands at 25.18% in year one. Equity gained on principal adds $2,381/yr while 5% annual appreciation supports $101,948 over five years. Portfolio math shows five-year ROI at 131.73% and total cumulative return in cash at $161,139. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,986/mo property income against a $1,806/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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: Carlos Marco • Best Real Estate Plus
Mls Name: MIAMI
Mls ID: #A11942675