2950 NE 188th St APT 527AventuraFL33180
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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 Aventura at 2950 NE 188th St APT 527, Aventura, FL, 33180 offers a 6.65% rental yield on a $1,300,000 purchase with $7,201/mo rent. 97% in year one. Equity gained on principal adds $8,389/yr while 5% annual appreciation supports $359,166 over five years. Portfolio math shows five-year ROI at 57.36% and total cumulative return in cash at $241,587. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,201/mo property income against a $6,363/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2008
N/A lot
$N/A/sqft
$1,872 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33180, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,279 (100%) |
| Owner Occupied HU | 9,992 (47.0%) |
| Renter Occupied HU | 5,706 (26.8%) |
| Vacant Housing Units | 5,581 (26.2%) |
| Median Home Value | $606,613 |
| Average Home Value | $728,383 |
Housing Distribution
Address Breakdown
Residential
19,046
Single Family
2,662
Multi-Family
16,384
Businesses
1,561
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Listed by: Daniela Silva Gonzalez • LoKation
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11614888
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.