2496 SW 17th Ave APT 5113MiamiFL33145
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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 2496 SW 17th Ave APT 5113, Miami, FL, 33145 uses $98,456 cash to close to unlock $1,183/yr annual cash flow and $99/mo monthly cash flow. Total monthly income runs $2,689/mo, and a $1,454/mo payment keeps the spread at $99/mo. Purchase price stands at $297,000, and rental yield measures 10.86% with $2,689/mo rent. Return on cash invested shows 21.11% in year one, and 5% annual appreciation builds toward $82,056 over five years. Five-year ROI reaches 112.63% and total cumulative return in cash records $110,886. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,689/mo property income covering a $1,454/mo payment rather than investor’s personal income.
Condo
Built in 1971
N/A lot
$N/A/sqft
$485 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33145, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,796 (100%) |
| Owner Occupied HU | 5,856 (45.8%) |
| Renter Occupied HU | 6,184 (48.3%) |
| Vacant Housing Units | 756 ( 5.9%) |
| Median Home Value | $616,602 |
| Average Home Value | $663,659 |
Housing Distribution
Address Breakdown
Residential
11,611
Single Family
8,008
Multi-Family
3,603
Businesses
945
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