260 NW 109th Ave APT 206MiamiFL33172
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 Miami at 260 NW 109th Ave APT 206, Miami, FL, 33172 generates $3,095/mo in rent and, after a $2,134/mo payment, leaves $202/mo in cash flow. Total monthly income is $3,095/mo, and annual cash flow is $2,422/yr on $144,501 invested. Return on cash invested sits at 21.58% in year one, and rental yield is 8.52% on a $435,900 entry. Equity gained on principal adds $2,813/yr, while 5% annual appreciation builds toward $120,431 over five years. Five-year ROI reaches 112.41% and total cumulative return in cash sums $162,427. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,095/mo property income rather than buyer’s personal income.
Condo
Built in 2016
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices