2985 SW 11th StMiamiFL33135
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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 2985 SW 11th St, Miami, FL, 33135 uses $223,720 cash to close to unlock $8,261/yr annual cash flow and $688/mo monthly cash flow. Total monthly income runs $5,305/mo, and a $3,328/mo payment keeps the spread at $688/mo. Purchase price stands at $680,000, and rental yield measures 9.36% with $5,305/mo rent. Return on cash invested shows 23.75% in year one, and 5% annual appreciation builds toward $187,871 over five years. Five-year ROI reaches 124.23% and total cumulative return in cash records $277,920. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,305/mo property income covering a $3,328/mo payment rather than investor’s personal income.
Multi Family
Built in 1947
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33135, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,086 (100%) |
| Owner Occupied HU | 3,113 (19.4%) |
| Renter Occupied HU | 12,228 (76.0%) |
| Vacant Housing Units | 745 ( 4.6%) |
| Median Home Value | $498,278 |
| Average Home Value | $586,356 |
Housing Distribution
Address Breakdown
Residential
14,368
Single Family
5,971
Multi-Family
8,397
Businesses
1,613
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Listed by: Benjamin Rodriguez • Strike Realty LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11645528
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.