260 NW 107th Ave APT 212MiamiFL33172
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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 260 NW 107th Ave APT 212, Miami, FL, 33172 uses $92,489 cash to close to unlock $9,733/yr annual cash flow and $811/mo monthly cash flow. Total monthly income runs $2,663/mo, and a $1,366/mo payment keeps the spread at $811/mo. Purchase price stands at $279,000, and rental yield measures 11.45% with $2,663/mo rent. Return on cash invested shows 30.43% in year one, and 5% annual appreciation builds toward $77,083 over five years. Five-year ROI reaches 159.92% and total cumulative return in cash records $147,907. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,663/mo property income covering a $1,366/mo payment rather than investor’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33172, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,611 (100%) |
| Owner Occupied HU | 7,597 (43.1%) |
| Renter Occupied HU | 9,290 (52.8%) |
| Vacant Housing Units | 724 ( 4.1%) |
| Median Home Value | $323,921 |
| Average Home Value | $406,612 |
Housing Distribution
Address Breakdown
Residential
16,288
Single Family
4,549
Multi-Family
11,739
Businesses
2,989
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