2420 NW 132nd StMiamiFL33167
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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 2420 NW 132nd St, Miami, FL, 33167 uses $296,067 cash to close to unlock $13,136/yr annual cash flow and $1,095/mo monthly cash flow. Total monthly income runs $7,067/mo, and a $4,405/mo payment keeps the spread at $1,095/mo. Purchase price stands at $899,900, and rental yield measures 9.42% with $7,067/mo rent. Return on cash invested shows 24.5% in year one, and 5% annual appreciation builds toward $248,626 over five years. Five-year ROI reaches 128% and total cumulative return in cash records $378,964. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,067/mo property income covering a $4,405/mo payment rather than investor’s personal income.
Single Family
Built in 1973
10,127 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33167, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,764 (100%) |
| Owner Occupied HU | 4,143 (61.3%) |
| Renter Occupied HU | 2,411 (35.6%) |
| Vacant Housing Units | 210 ( 3.1%) |
| Median Home Value | $424,346 |
| Average Home Value | $492,364 |
Housing Distribution
Address Breakdown
Residential
6,638
Single Family
5,513
Multi-Family
1,125
Businesses
298
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