3060 NW 204th LnMiami 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 3060 NW 204th Ln, Miami Gardens, FL, 33056 listed at $349,000 pairs $2,498/mo rent with a $1,708/mo payment to leave $182/mo cash flow. Total monthly income runs $2,498/mo, and annual cash flow reaches $2,186/yr on $115,694 cash to close. Return on cash invested measures 21.8% in year one, and rental yield registers 8.59% at a $349,000 basis. Equity gained on principal adds $2,252/yr, and annual property appreciation at 5% supports $96,422 by year five. Five-year ROI tracks 113.6% and total cumulative return in cash totals $131,424. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,498/mo property income relative to a $1,708/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1980
2,940 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: Andrea Guerschuny • Yaffe International Realty
Mls Name: MIAMI
Mls ID: #A11845897