300 187th StSunny Isles BeachFL33160
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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 Sunny Isles Beach at 300 187th St, Sunny Isles Beach, FL, 33160 listed at $1,749,000 pairs $7,052/mo rent with a $8,560/mo payment. Total monthly income runs $7,052/mo. Return on cash invested measures 10.73% in year one, and rental yield registers 4.84% at a $1,749,000 basis. Equity gained on principal adds $11,286/yr, and annual property appreciation at 5% supports $483,216 by year five. Five-year ROI tracks 54.1% and total cumulative return in cash totals $306,547. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $7,052/mo property income relative to a $8,560/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1956
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33160, North Miami Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,783 (100%) |
| Owner Occupied HU | 11,722 (34.7%) |
| Renter Occupied HU | 9,418 (27.9%) |
| Vacant Housing Units | 12,643 (37.4%) |
| Median Home Value | $574,494 |
| Average Home Value | $785,897 |
Housing Distribution
Address Breakdown
Residential
30,347
Single Family
2,370
Multi-Family
27,977
Businesses
1,198
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Listed by: Michael Ramunno • KPI International Realty LLC
Mls Name: MIAMI
Mls ID: #A11859355