31 SE 6th St APT 907MiamiFL33131
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 Miami at 31 SE 6th St APT 907, Miami, FL, 33131 listed at $510,000 pairs $4,763/mo rent with a $2,496/mo payment to leave $1,379/mo cash flow. Total monthly income runs $4,763/mo, and annual cash flow reaches $16,545/yr on $167,790 cash to close. Return on cash invested measures 29.92% in year one, and rental yield registers 11.21% at a $510,000 basis. Equity gained on principal adds $3,291/yr, and annual property appreciation at 5% supports $140,904 by year five. Five-year ROI tracks 157.09% and total cumulative return in cash totals $263,583. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,763/mo property income relative to a $2,496/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2014
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33131, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,011 (100%) |
| Owner Occupied HU | 5,504 (29.0%) |
| Renter Occupied HU | 9,843 (51.8%) |
| Vacant Housing Units | 3,664 (19.3%) |
| Median Home Value | $721,381 |
| Average Home Value | $849,940 |
Housing Distribution
Address Breakdown
Residential
17,448
Single Family
3
Multi-Family
17,445
Businesses
2,221
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices