234 Minola DrMiami SpringsFL33166
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Springs at 234 Minola Dr, Miami Springs, FL, 33166 offers $5,413/mo rent that, after a $7,097/mo payment. Total monthly income is $5,413/mo. Return on cash invested measures 9.62% in year one, and rental yield stands at 4.48% at a $1,450,000 entry. Equity gained on principal adds $9,357/yr while 5% annual appreciation compounds into $400,608 by year five. Five-year ROI records 48.16% and total cumulative return in cash reaches $226,245. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,413/mo property income versus a $7,097/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
10,650 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33166, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,754 (100%) |
| Owner Occupied HU | 5,737 (45.0%) |
| Renter Occupied HU | 5,956 (46.7%) |
| Vacant Housing Units | 1,061 ( 8.3%) |
| Median Home Value | $562,113 |
| Average Home Value | $585,936 |
Housing Distribution
Address Breakdown
Residential
12,183
Single Family
6,624
Multi-Family
5,559
Businesses
6,559
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Raymond Ray • BHHS EWM Realty
Mls Name: MIAMI
Mls ID: #A11877754