26 NE 60th StMiamiFL33137
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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
Investment property for sale in Miami at 26 NE 60th St, Miami, FL, 33137 at $899,000 posts ROI 26.09% with $1,485/mo cash flow from $7,656/mo rent. Total monthly income equals $7,656/mo, and annual cash flow records $17,820/yr on $295,771 to close. Return on cash invested measures 26.09% and rental yield reads 10.22% at the current $899,000. Equity gained on principal adds $5,801/yr, and 5% annual appreciation supports $248,377 by year five. Five-year ROI prints 136.81% and total cumulative return in cash totals $404,638.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $7,656/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1937
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33137, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,753 (100%) |
| Owner Occupied HU | 3,908 (19.8%) |
| Renter Occupied HU | 12,017 (60.8%) |
| Vacant Housing Units | 3,828 (19.4%) |
| Median Home Value | $698,126 |
| Average Home Value | $916,297 |
Housing Distribution
Address Breakdown
Residential
16,819
Single Family
2,312
Multi-Family
14,507
Businesses
1,609
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Listed by: Ana Saya • Direct Realty Solutions
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11724646
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.