2615 NE 213th StMiamiFL33180
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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 2615 NE 213th St, Miami, FL, 33180 uses $314,195 cash to close to unlock $21,657/yr annual cash flow and $1,805/mo monthly cash flow. Total monthly income runs $8,142/mo, and a $4,674/mo payment keeps the spread at $1,805/mo. Purchase price stands at $955,000, and rental yield measures 10.23% with $8,142/mo rent. Return on cash invested shows 26.95% in year one, and 5% annual appreciation builds toward $263,849 over five years. Five-year ROI reaches 141.17% and total cumulative return in cash records $443,543. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $8,142/mo property income covering a $4,674/mo payment rather than investor’s personal income.
Single Family
Built in 2008
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33180, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,279 (100%) |
| Owner Occupied HU | 9,992 (47.0%) |
| Renter Occupied HU | 5,706 (26.8%) |
| Vacant Housing Units | 5,581 (26.2%) |
| Median Home Value | $606,613 |
| Average Home Value | $728,383 |
Housing Distribution
Address Breakdown
Residential
19,046
Single Family
2,662
Multi-Family
16,384
Businesses
1,561
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Listed by: Batsheba Korine • Compass Florida, LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11788117
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.