2950 SW 3rd Ave APT 3GMiamiFL33129
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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 2950 SW 3rd Ave APT 3G, Miami, FL, 33129 listed at $440,900 pairs $3,041/mo rent with a $2,158/mo payment. Total monthly income runs $3,041/mo. Return on cash invested measures 13.95% in year one, and rental yield registers 8.28% at a $440,900 basis. Equity gained on principal adds $2,845/yr, and annual property appreciation at 5% supports $121,813 by year five. Five-year ROI tracks 73.96% and total cumulative return in cash totals $108,101. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,041/mo property income relative to a $2,158/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1974
N/A lot
$N/A/sqft
$758 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33129, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,959 (100%) |
| Owner Occupied HU | 3,864 (48.5%) |
| Renter Occupied HU | 3,156 (39.7%) |
| Vacant Housing Units | 939 (11.8%) |
| Median Home Value | $731,163 |
| Average Home Value | $873,278 |
Housing Distribution
Address Breakdown
Residential
7,737
Single Family
1,778
Multi-Family
5,959
Businesses
312
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Listed by: N Tony Bennett • Benstone Commerical
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11684436
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.