2889 McFarlane Rd #905MiamiFL33133
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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 #905, Miami, FL, 33133 listed at $690,300 pairs $4,847/mo rent with a $3,379/mo payment to leave $266/mo cash flow. Total monthly income runs $4,847/mo, and annual cash flow reaches $3,189/yr on $227,109 cash to close. Return on cash invested measures 21.46% in year one, and rental yield registers 8.43% at a $690,300 basis. Equity gained on principal adds $4,454/yr, and annual property appreciation at 5% supports $190,717 by year five. Five-year ROI tracks 111.74% and total cumulative return in cash totals $253,770. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,847/mo property income relative to a $3,379/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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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