36 NW 6th Ave APT 906MiamiFL33128
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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 36 NW 6th Ave APT 906, Miami, FL, 33128 uses $115,694 cash to close to unlock $12,182/yr annual cash flow and $1,015/mo monthly cash flow. Total monthly income runs $3,331/mo, and a $1,708/mo payment keeps the spread at $1,015/mo. Purchase price stands at $349,000, and rental yield measures 11.45% with $3,331/mo rent. Return on cash invested shows 30.44% in year one, and 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 159.92% and total cumulative return in cash records $185,016. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,331/mo property income covering a $1,708/mo payment rather than investor’s personal income.
Condo
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33128, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,704 (100%) |
| Owner Occupied HU | 166 ( 3.5%) |
| Renter Occupied HU | 4,201 (89.3%) |
| Vacant Housing Units | 337 ( 7.2%) |
| Median Home Value | $407,547 |
| Average Home Value | $427,500 |
Housing Distribution
Address Breakdown
Residential
4,351
Single Family
697
Multi-Family
3,654
Businesses
402
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