2330 NW 11th St APT 46MiamiFL33125
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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 2330 NW 11th St APT 46, Miami, FL, 33125 uses $75,416 cash to close to unlock $381/yr annual cash flow and $32/mo monthly cash flow. Total monthly income runs $1,541/mo, and a $1,114/mo payment keeps the spread at $32/mo. Purchase price stands at $227,500, and rental yield measures 8.13% with $1,541/mo rent. Return on cash invested shows 20.41% in year one, and 5% annual appreciation builds toward $62,854 over five years. Five-year ROI reaches 106.15% and total cumulative return in cash records $80,054. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,541/mo property income covering a $1,114/mo payment rather than investor’s personal income.
Condo
Built in 1963
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33125, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,408 (100%) |
| Owner Occupied HU | 5,441 (24.3%) |
| Renter Occupied HU | 15,974 (71.3%) |
| Vacant Housing Units | 993 ( 4.4%) |
| Median Home Value | $475,381 |
| Average Home Value | $585,368 |
Housing Distribution
Address Breakdown
Residential
20,334
Single Family
9,534
Multi-Family
10,800
Businesses
1,066
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