2400 NW 60th StMiamiFL33142
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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 2400 NW 60th St, Miami, FL, 33142 listed at $319,999 pairs $2,181/mo rent with a $1,566/mo payment to leave $58/mo cash flow. Total monthly income runs $2,181/mo, and annual cash flow reaches $692/yr on $106,080 cash to close. Return on cash invested measures 20.56% in year one, and rental yield registers 8.18% at a $319,999 basis. Equity gained on principal adds $2,065/yr, and annual property appreciation at 5% supports $88,410 by year five. Five-year ROI tracks 106.93% and total cumulative return in cash totals $113,427. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,181/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1948
9,193 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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