340 & 342 SW 17th RdMiamiFL33129
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 340 & 342 SW 17th Rd, Miami, FL, 33129 listed at $1,358,000 pairs $6,847/mo rent with a $6,647/mo payment. Total monthly income runs $6,847/mo. Return on cash invested measures 14.46% in year one, and rental yield registers 6.05% at a $1,358,000 basis. Equity gained on principal adds $8,763/yr, and annual property appreciation at 5% supports $375,190 by year five. Five-year ROI tracks 74.15% and total cumulative return in cash totals $326,241. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,847/mo property income relative to a $6,647/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1965
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33129, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,959 (100%) |
| Owner Occupied HU | 3,864 (48.5%) |
| Renter Occupied HU | 3,156 (39.7%) |
| Vacant Housing Units | 939 (11.8%) |
| Median Home Value | $731,163 |
| Average Home Value | $873,278 |
Housing Distribution
Address Breakdown
Residential
7,737
Single Family
1,778
Multi-Family
5,959
Businesses
312
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sama Chute • London Foster Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11662653
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.