3030 NE 188th St APT 609AventuraFL33180
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
Investment Highlights
Investment property for sale in Aventura at 3030 NE 188th St APT 609, Aventura, FL, 33180 earns $630/mo cash flow from $6,270/mo rent with a $4,160/mo payment. Total monthly income totals $6,270/mo, and annual cash flow totals $7,557/yr on $279,617 capital. ROI tracks 22.76% on current figures, and rental yield reads 8.85% at a $849,900 purchase. Equity gained on principal adds $5,484/yr, and 5% annual appreciation supports $234,812 over five years. Five-year ROI reaches 118.7% and total cumulative return in cash sums $331,910. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,270/mo property income instead of your personal income.
Condo
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33180, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,279 (100%) |
| Owner Occupied HU | 9,992 (47.0%) |
| Renter Occupied HU | 5,706 (26.8%) |
| Vacant Housing Units | 5,581 (26.2%) |
| Median Home Value | $606,613 |
| Average Home Value | $728,383 |
Housing Distribution
Address Breakdown
Residential
19,046
Single Family
2,662
Multi-Family
16,384
Businesses
1,561
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices