266 NW 61st AveMiamiFL33126
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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 266 NW 61st Ave, Miami, FL, 33126 offers a 11.32% rental yield on a $430,442 purchase with $4,062/mo rent. Total monthly income registers $4,062/mo, and a $2,107/mo payment leaves $772/mo available for distribution. Annual cash flow reaches $9,264/yr on $142,692 to close, and return on cash invested stands at 26.4% in year one. Equity gained on principal adds $2,778/yr while 5% annual appreciation supports $118,923 over five years. Portfolio math shows five-year ROI at 139.55% and total cumulative return in cash at $199,125. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,062/mo property income against a $2,107/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1947
4,878 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33126, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,690 (100%) |
| Owner Occupied HU | 7,111 (34.4%) |
| Renter Occupied HU | 12,678 (61.3%) |
| Vacant Housing Units | 901 ( 4.4%) |
| Median Home Value | $408,871 |
| Average Home Value | $452,290 |
Housing Distribution
Address Breakdown
Residential
18,089
Single Family
8,505
Multi-Family
9,584
Businesses
2,469
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