3610 SW 114th Ave #4106MiamiFL33165
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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 3610 SW 114th Ave #4106, Miami, FL, 33165 uses $90,997 cash to close to unlock $9,224/yr annual cash flow and $769/mo monthly cash flow. Total monthly income runs $2,926/mo, and a $1,344/mo payment keeps the spread at $769/mo. Purchase price stands at $274,500, and rental yield measures 12.79% with $2,926/mo rent. Return on cash invested shows 30.05% in year one, and 5% annual appreciation builds toward $75,839 over five years. Five-year ROI reaches 159.39% and total cumulative return in cash records $145,042. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,926/mo property income covering a $1,344/mo payment rather than investor’s personal income.
Condo
Built in 1981
N/A lot
$N/A/sqft
$322 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33165, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,482 (100%) |
| Owner Occupied HU | 12,239 (70.0%) |
| Renter Occupied HU | 4,886 (27.9%) |
| Vacant Housing Units | 357 ( 2.0%) |
| Median Home Value | $552,675 |
| Average Home Value | $584,626 |
Housing Distribution
Address Breakdown
Residential
17,615
Single Family
15,903
Multi-Family
1,712
Businesses
1,103
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Listed by: A. Alina Gonzalez • BHHS EWM Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11629289
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.