2889 McFarlane Rd #1014MiamiFL33133
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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 2889 McFarlane Rd #1014, Miami, FL, 33133 offers a 8.4% rental yield on a $630,500 purchase with $4,415/mo rent. Total monthly income registers $4,415/mo, and a $3,086/mo payment leaves $231/mo available for distribution. Annual cash flow reaches $2,771/yr on $207,435 to close, and return on cash invested stands at 21.4% in year one. Equity gained on principal adds $4,069/yr while 5% annual appreciation supports $174,196 over five years. Portfolio math shows five-year ROI at 111.37% and total cumulative return in cash at $231,011. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,415/mo property income against a $3,086/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2001
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33133, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,545 (100%) |
| Owner Occupied HU | 8,321 (47.4%) |
| Renter Occupied HU | 7,285 (41.5%) |
| Vacant Housing Units | 1,939 (11.1%) |
| Median Home Value | $980,058 |
| Average Home Value | $1,186,463 |
Housing Distribution
Address Breakdown
Residential
16,853
Single Family
9,290
Multi-Family
7,563
Businesses
1,233
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