3506 NE 166th St #4North Miami BeachFL33160
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 North Miami Beach at 3506 NE 166th St #4, North Miami Beach, FL, 33160 listed at $1,300,000 pairs $5,005/mo rent with a $6,363/mo payment. Total monthly income runs $5,005/mo. Return on cash invested measures 10.05% in year one, and rental yield registers 4.62% at a $1,300,000 basis. Equity gained on principal adds $8,389/yr, and annual property appreciation at 5% supports $359,166 by year five. Five-year ROI tracks 50.47% and total cumulative return in cash totals $212,583. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,005/mo property income relative to a $6,363/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2016
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33160, North Miami Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,783 (100%) |
| Owner Occupied HU | 11,722 (34.7%) |
| Renter Occupied HU | 9,418 (27.9%) |
| Vacant Housing Units | 12,643 (37.4%) |
| Median Home Value | $574,494 |
| Average Home Value | $785,897 |
Housing Distribution
Address Breakdown
Residential
30,347
Single Family
2,370
Multi-Family
27,977
Businesses
1,198
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tatiana Galkina Gonzalez • One Sotheby's International Realty
Mls Name: MIAMI
Mls ID: #A11871859