3600 Mystic Pointe Dr APT 1408AventuraFL33180
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe 10.59% yield at 3600 Mystic Pointe Dr APT 1408, Aventura, FL, 33180 in Aventura is solid, but the $1,967/mo payment compresses net cash flow to $111/mo at $437,500. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $120,873 by year five, and $4,029/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.96) without U.S. income documentation. Total projected return: $177,612.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 6.2% |
| Monthly Cash Flow | $111 | $350 |
City averages based on Aventura market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,859 |
| Total Monthly Debt Service | $3,574 |
| DSCR Ratio | 1.08x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1988
N/A lot
$N/A/sqft
$845 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33180, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,279 (100%) |
| Owner Occupied HU | 9,992 (47.0%) |
| Renter Occupied HU | 5,706 (26.8%) |
| Vacant Housing Units | 5,581 (26.2%) |
| Median Home Value | $606,613 |
| Average Home Value | $728,383 |
Housing Distribution
Address Breakdown
Residential
19,046
Single Family
2,662
Multi-Family
16,384
Businesses
1,561
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
Condo
Built in 1988
N/A lot
$N/A/sqft
$845 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33180, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,279 (100%) |
| Owner Occupied HU | 9,992 (47.0%) |
| Renter Occupied HU | 5,706 (26.8%) |
| Vacant Housing Units | 5,581 (26.2%) |
| Median Home Value | $606,613 |
| Average Home Value | $728,383 |
Housing Distribution
Address Breakdown
Residential
19,046
Single Family
2,662
Multi-Family
16,384
Businesses
1,561
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices