280 NW 51st StMiamiFL33127
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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 280 NW 51st St, Miami, FL, 33127 offers a 9.95% rental yield on a $850,000 purchase with $7,048/mo rent. Total monthly income registers $7,048/mo, and a $4,160/mo payment leaves $1,408/mo available for distribution. Annual cash flow reaches $16,891/yr on $279,650 to close, and return on cash invested stands at 26.1% in year one. Equity gained on principal adds $5,485/yr while 5% annual appreciation supports $234,839 over five years. Portfolio math shows five-year ROI at 136.6% and total cumulative return in cash at $382,006. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,048/mo property income against a $4,160/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33127, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,349 (100%) |
| Owner Occupied HU | 2,798 (22.7%) |
| Renter Occupied HU | 8,001 (64.8%) |
| Vacant Housing Units | 1,550 (12.6%) |
| Median Home Value | $495,422 |
| Average Home Value | $663,850 |
Housing Distribution
Address Breakdown
Residential
10,554
Single Family
6,760
Multi-Family
3,794
Businesses
1,549
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Listed by: Christian Folland • Real Estate Miami, Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11659567
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.