2816 NE 18th TerWilton ManorsFL33306
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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
Rental property for sale in Wilton Manors at 2816 NE 18th Ter, Wilton Manors, FL, 33306 generates $7,800/mo in rent and, after a $4,229/mo payment, leaves $2,066/mo in cash flow. Total monthly income is $7,800/mo, and annual cash flow is $24,794/yr on $284,256 invested. Return on cash invested sits at 28.78% in year one, and rental yield is 10.83% on a $864,000 entry. Equity gained on principal adds $5,575/yr, while 5% annual appreciation builds toward $238,707 over five years. Five-year ROI reaches 151% and total cumulative return in cash sums $429,217. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,800/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
7,030 sqft lot
$N/A/sqft
No HOA
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Listed by: Maria Pilar Ruiz de la Torre • Coldwell Banker Realty
Mls Name: MIAMI
Mls ID: #A11896960