2340 NW 23rd CtMiamiFL33142
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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 2340 NW 23rd Ct, Miami, FL, 33142 earns $1,236/mo cash flow from $6,270/mo rent with a $3,434/mo payment. Total monthly income totals $6,270/mo, and annual cash flow totals $14,829/yr on $230,826 capital. ROI tracks 26.48% on current figures, and rental yield reads 10.72% at a $701,600 purchase. Equity gained on principal adds $4,527/yr, and 5% annual appreciation supports $193,839 over five years. Five-year ROI reaches 139.37% and total cumulative return in cash sums $321,710. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,270/mo property income instead of your personal income.
Single Family
Built in 1927
6,480 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33142, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,089 (100%) |
| Owner Occupied HU | 5,879 (26.6%) |
| Renter Occupied HU | 14,179 (64.2%) |
| Vacant Housing Units | 2,031 ( 9.2%) |
| Median Home Value | $372,271 |
| Average Home Value | $458,309 |
Housing Distribution
Address Breakdown
Residential
18,741
Single Family
12,877
Multi-Family
5,864
Businesses
3,005
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