3470 E Coast Ave APT H0401MiamiFL33137
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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
Rental property for sale in Miami at 3470 E Coast Ave APT H0401, Miami, FL, 33137 generates $6,275/mo in rent and, after a $3,646/mo payment, leaves $1,331/mo in cash flow. Total monthly income is $6,275/mo, and annual cash flow is $15,978/yr on $245,105 invested. Return on cash invested sits at 26.58% in year one, and rental yield is 10.11% on a $745,000 entry. Equity gained on principal adds $4,807/yr, while 5% annual appreciation builds toward $205,830 over five years. Five-year ROI reaches 139.17% and total cumulative return in cash sums $341,120. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,275/mo property income rather than buyer’s personal income.
Condo
Built in 2007
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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