3536 NE 168th St APT 201North Miami BeachFL33160
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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 North Miami Beach at 3536 NE 168th St APT 201, North Miami Beach, FL, 33160 uses $95,141 cash to close to unlock $4,469/yr annual cash flow and $372/mo monthly cash flow. Total monthly income runs $2,682/mo, and a $1,405/mo payment keeps the spread at $372/mo. Purchase price stands at $287,000, and rental yield measures 11.21% with $2,682/mo rent. Return on cash invested shows 24.61% in year one, and 5% annual appreciation builds toward $79,293 over five years. Five-year ROI reaches 130.5% and total cumulative return in cash records $124,162. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,682/mo property income covering a $1,405/mo payment rather than investor’s personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
$294 monthly 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
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Listed by: Natalia Balmaceda • Pro Agents Realty Inc.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11809595
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.