300 Sunny Isles Blvd #4-1403Sunny Isles BeachFL33160
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 300 Sunny Isles Blvd #4-1403, Sunny Isles Beach, FL, 33160 in Sunny Isles Beach is capital appreciation. Rental yield 3.81%. The 3.81% gross yield at $1,184,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $327,117 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.71) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $99,943.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.8% | 5.0% |
| Monthly Cash Flow | $(5,558) | $2,300 |
City averages based on Sunny Isles Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,761 |
| Total Monthly Debt Service | $8,848 |
| DSCR Ratio | 0.43x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2019
N/A lot
$N/A/sqft
$1,382 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2019
N/A lot
$N/A/sqft
$1,382 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Luis Felipe Vieira De Souza PA • Compass Florida, LLC.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11741025
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.