22931 SW 88th Pl UNIT 104Cutler 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 22931 SW 88th Pl UNIT 104, Cutler Bay, FL, 33190 earns $187/mo cash flow from $2,473/mo rent with a $1,306/mo payment. Total monthly income totals $2,473/mo, and annual cash flow totals $2,239/yr on $88,477 capital. ROI tracks 22.44% on current figures, and rental yield reads 11.12% at a $266,900 purchase. Equity gained on principal adds $1,722/yr, and 5% annual appreciation supports $73,740 over five years. Five-year ROI reaches 119.56% and total cumulative return in cash sums $105,780. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,473/mo property income instead of your personal income.
Apartment
Built in 2007
809 sqft lot
$N/A/sqft
$222 monthly 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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