250 S Shore Dr APT 5Miami BeachFL33141
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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 Beach at 250 S Shore Dr APT 5, Miami Beach, FL, 33141 listed at $375,000 pairs $2,691/mo rent with a $1,835/mo payment to leave $203/mo cash flow. Total monthly income runs $2,691/mo, and annual cash flow reaches $2,434/yr on $124,313 cash to close. Return on cash invested measures 21.87% in year one, and rental yield registers 8.61% at a $375,000 basis. Equity gained on principal adds $2,420/yr, and annual property appreciation at 5% supports $103,606 by year five. Five-year ROI tracks 113.93% and total cumulative return in cash totals $141,627. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,691/mo property income relative to a $1,835/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1953
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33141, Miami Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,647 (100%) |
| Owner Occupied HU | 5,969 (28.9%) |
| Renter Occupied HU | 10,920 (52.9%) |
| Vacant Housing Units | 3,758 (18.2%) |
| Median Home Value | $621,879 |
| Average Home Value | $886,355 |
Housing Distribution
Address Breakdown
Residential
20,267
Single Family
3,242
Multi-Family
17,025
Businesses
799
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Listed by: Jeffrey Moore • Sterling Equity Realty LLC
Mls Name: MIAMI
Mls ID: #A11926966