2311 SW 58th AveMiamiFL33155
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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 2311 SW 58th Ave, Miami, FL, 33155 generates $6,803/mo in rent and, after a $3,666/mo payment, leaves $1,753/mo in cash flow. Total monthly income is $6,803/mo, and annual cash flow is $21,039/yr on $246,421 invested. Return on cash invested sits at 28.6% in year one, and rental yield is 10.9% on a $749,000 entry. Equity gained on principal adds $4,833/yr, while 5% annual appreciation builds toward $206,935 over five years. Five-year ROI reaches 150.15% and total cumulative return in cash sums $370,000. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,803/mo property income rather than buyer’s personal income.
Multi Family
Built in 1956
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33155, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,986 (100%) |
| Owner Occupied HU | 10,768 (63.4%) |
| Renter Occupied HU | 5,559 (32.7%) |
| Vacant Housing Units | 659 ( 3.9%) |
| Median Home Value | $591,110 |
| Average Home Value | $667,336 |
Housing Distribution
Address Breakdown
Residential
16,357
Single Family
13,251
Multi-Family
3,106
Businesses
2,597
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Listed by: Cristy De Toro PA • One Stop Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11574446
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.