300 NW 97th StMiamiFL33150
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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 300 NW 97th St, Miami, FL, 33150 uses $210,231 cash to close to unlock $673/yr annual cash flow and $56/mo monthly cash flow. Total monthly income runs $4,297/mo, and a $3,128/mo payment keeps the spread at $56/mo. Purchase price stands at $639,000, and rental yield measures 8.07% with $4,297/mo rent. Return on cash invested shows 20.38% in year one, and 5% annual appreciation builds toward $176,544 over five years. Five-year ROI reaches 105.94% and total cumulative return in cash records $222,724. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,297/mo property income covering a $3,128/mo payment rather than investor’s personal income.
Single Family
Built in 1950
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33150, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,890 (100%) |
| Owner Occupied HU | 3,924 (36.0%) |
| Renter Occupied HU | 6,319 (58.0%) |
| Vacant Housing Units | 647 ( 5.9%) |
| Median Home Value | $475,794 |
| Average Home Value | $554,221 |
Housing Distribution
Address Breakdown
Residential
9,963
Single Family
7,582
Multi-Family
2,381
Businesses
761
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