3301 NE 1st Ave APT M0201MiamiFL33137
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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 at 3301 NE 1st Ave APT M0201, Miami, FL, 33137 offers a 9.51% rental yield on a $495,000 purchase with $3,923/mo rent. Total monthly income registers $3,923/mo, and a $2,423/mo payment leaves $638/mo available for distribution. Annual cash flow reaches $7,654/yr on $164,093 to close, and return on cash invested stands at 24.57% in year one. Equity gained on principal adds $3,194/yr while 5% annual appreciation supports $136,759 over five years. Portfolio math shows five-year ROI at 128.44% and total cumulative return in cash at $210,754. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,923/mo property income against a $2,423/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2008
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33137, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,753 (100%) |
| Owner Occupied HU | 3,908 (19.8%) |
| Renter Occupied HU | 12,017 (60.8%) |
| Vacant Housing Units | 3,828 (19.4%) |
| Median Home Value | $698,126 |
| Average Home Value | $916,297 |
Housing Distribution
Address Breakdown
Residential
16,819
Single Family
2,312
Multi-Family
14,507
Businesses
1,609
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