251 174th St APT 1619Sunny Isles BeachFL33160
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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 Sunny Isles Beach at 251 174th St APT 1619, Sunny Isles Beach, FL, 33160 earns $476/mo cash flow from $3,456/mo rent with a $2,198/mo payment. Total monthly income totals $3,456/mo, and annual cash flow totals $5,712/yr on $148,844 capital. ROI tracks 23.75% on current figures, and rental yield reads 9.24% at a $449,000 purchase. Equity gained on principal adds $2,897/yr, and 5% annual appreciation supports $124,050 over five years. Five-year ROI reaches 124% and total cumulative return in cash sums $184,564. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,456/mo property income instead of your personal income.
Condo
Built in 1971
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
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Listed by: Elena Stazhkova • Vera Realty LLC
Mls Name: MIAMI
Mls ID: #A11866067