2931 SW 117th AveMiamiFL33175
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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 Miami at 2931 SW 117th Ave, Miami, FL, 33175 generates $7,114/mo in rent, after a $7,733/mo payment. Total monthly income is $7,114/mo. Return on cash invested sits at 12.47% in year one, and rental yield is 5.4% on a $1,580,000 entry. Equity gained on principal adds $10,195/yr, while 5% annual appreciation builds toward $436,525 over five years. Five-year ROI reaches 63.45% and total cumulative return in cash sums $324,792. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,114/mo property income rather than buyer’s personal income.
Single Family
Built in 1989
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33175, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,617 (100%) |
| Owner Occupied HU | 13,266 (79.8%) |
| Renter Occupied HU | 3,162 (19.0%) |
| Vacant Housing Units | 189 ( 1.1%) |
| Median Home Value | $548,994 |
| Average Home Value | $596,120 |
Housing Distribution
Address Breakdown
Residential
17,380
Single Family
14,605
Multi-Family
2,775
Businesses
888
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