3542 SW 17th St #2BMiamiFL33145
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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 Miami at 3542 SW 17th St #2B, Miami, FL, 33145 uses $247,013 cash to close to unlock $6,208/yr annual cash flow and $517/mo monthly cash flow. Total monthly income runs $5,500/mo, and a $3,675/mo payment keeps the spread at $517/mo. Purchase price stands at $750,800, and rental yield measures 8.79% with $5,500/mo rent. Return on cash invested shows 22.57% in year one, and 5% annual appreciation builds toward $207,432 over five years. Five-year ROI reaches 117.7% and total cumulative return in cash records $290,729. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,500/mo property income covering a $3,675/mo payment rather than investor’s personal income.
Townhouse
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33145, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,796 (100%) |
| Owner Occupied HU | 5,856 (45.8%) |
| Renter Occupied HU | 6,184 (48.3%) |
| Vacant Housing Units | 756 ( 5.9%) |
| Median Home Value | $616,602 |
| Average Home Value | $663,659 |
Housing Distribution
Address Breakdown
Residential
11,611
Single Family
8,008
Multi-Family
3,603
Businesses
945
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