23111 SW 112th PlMiamiFL33170
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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 Miami at 23111 SW 112th Pl, Miami, FL, 33170 offers a 9.78% rental yield on a $400,000 purchase with $3,260/mo rent. Total monthly income registers $3,260/mo, and a $1,958/mo payment leaves $316/mo available for distribution. Annual cash flow reaches $3,789/yr on $132,600 to close, and return on cash invested stands at 22.77% in year one. Equity gained on principal adds $2,581/yr while 5% annual appreciation supports $110,513 over five years. Portfolio math shows five-year ROI at 119.7% and total cumulative return in cash at $158,716. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,260/mo property income against a $1,958/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2006
N/A lot
$N/A/sqft
$883 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33170, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,069 (100%) |
| Owner Occupied HU | 3,220 (63.5%) |
| Renter Occupied HU | 1,401 (27.6%) |
| Vacant Housing Units | 448 ( 8.8%) |
| Median Home Value | $478,274 |
| Average Home Value | $533,834 |
Housing Distribution
Address Breakdown
Residential
5,340
Single Family
5,077
Multi-Family
263
Businesses
373
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Listed by: Robert Salmons • Entera Realty LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11832642
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.