3370 Hidden Bay Dr APT 2508AventuraFL33180
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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 Aventura at 3370 Hidden Bay Dr APT 2508, Aventura, FL, 33180 listed at $1,500,000 pairs $12,110/mo rent with a $7,342/mo payment to leave $932/mo cash flow. Total monthly income runs $12,110/mo, and annual cash flow reaches $11,178/yr on $486,000 cash to close. Return on cash invested measures 22.67% in year one, and rental yield registers 9.69% at a $1,500,000 basis. Equity gained on principal adds $9,679/yr, and annual property appreciation at 5% supports $414,422 by year five. Five-year ROI tracks 119.25% and total cumulative return in cash totals $579,551. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $12,110/mo property income relative to a $7,342/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2000
N/A lot
$N/A/sqft
$1,149 monthly 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
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Listed by: Pascal Lasry • Exclusive Management & Prop
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10425088
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.