300 Bayview Dr APT 202Sunny 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 Bayview Dr APT 202, Sunny Isles Beach, FL, 33160 earns $689/mo cash flow from $2,546/mo rent with a $1,370/mo payment. Total monthly income totals $2,546/mo, and annual cash flow totals $8,262/yr on $92,787 capital. ROI tracks 28.81% on current figures, and rental yield reads 10.92% at a $279,900 purchase. Equity gained on principal adds $1,806/yr, and 5% annual appreciation supports $77,331 over five years. Five-year ROI reaches 151.2% and total cumulative return in cash sums $140,293. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,546/mo property income instead of your personal income.
Condo
Built in 1968
N/A 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: Norma Schneck • Douglas Elliman
Mls Name: MIAMI
Mls ID: #A11926510