250 180th Dr APT 159Sunny Isles BeachFL33160
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 Sunny Isles Beach at 250 180th Dr APT 159, Sunny Isles Beach, FL, 33160 generates $3,052/mo in rent and, after a $1,588/mo payment, leaves $899/mo in cash flow. Total monthly income is $3,052/mo, and annual cash flow is $10,786/yr on $107,572 invested. Return on cash invested sits at 29.94% in year one, and rental yield is 11.29% on a $324,500 entry. Equity gained on principal adds $2,094/yr, while 5% annual appreciation builds toward $89,653 over five years. Five-year ROI reaches 157.19% and total cumulative return in cash sums $169,092. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,052/mo property income rather than buyer’s personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33160, North Miami Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,783 (100%) |
| Owner Occupied HU | 11,722 (34.7%) |
| Renter Occupied HU | 9,418 (27.9%) |
| Vacant Housing Units | 12,643 (37.4%) |
| Median Home Value | $574,494 |
| Average Home Value | $785,897 |
Housing Distribution
Address Breakdown
Residential
30,347
Single Family
2,370
Multi-Family
27,977
Businesses
1,198
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rafael Borge • Jireh Real Estate Investment Group Inc
Mls Name: MIAMI
Mls ID: #A11928852