3009 NW 204th TerMiami GardensFL33056
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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 Gardens at 3009 NW 204th Ter, Miami Gardens, FL, 33056 earns $407/mo cash flow from $3,055/mo rent with a $1,953/mo payment. Total monthly income totals $3,055/mo, and annual cash flow totals $4,885/yr on $132,269 capital. ROI tracks 23.6% on current figures, and rental yield reads 9.19% at a $399,000 purchase. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 over five years. Five-year ROI reaches 123.27% and total cumulative return in cash sums $163,046. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,055/mo property income instead of your personal income.
Single Family
Built in 1980
4,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33056, Opa Locka, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,307 (100%) |
| Owner Occupied HU | 7,100 (57.7%) |
| Renter Occupied HU | 4,737 (38.5%) |
| Vacant Housing Units | 470 ( 3.8%) |
| Median Home Value | $427,247 |
| Average Home Value | $496,053 |
Housing Distribution
Address Breakdown
Residential
12,198
Single Family
10,830
Multi-Family
1,368
Businesses
477
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Listed by: Mary Adside • VOICE REALTY GROUP LLC
Mls Name: MIAMI
Mls ID: #A11937292