3680 Oak Ave APT 6MiamiFL33133
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
Investment Highlights
Rental property for sale in Miami at 3680 Oak Ave APT 6, Miami, FL, 33133 generates $1,725/mo in rent, after a $1,317/mo payment. Total monthly income is $1,725/mo. Return on cash invested sits at 13.09% in year one, and rental yield is 7.7% on a $269,000 entry. Equity gained on principal adds $1,736/yr, while 5% annual appreciation builds toward $74,320 over five years. Five-year ROI reaches 69.07% and total cumulative return in cash sums $61,595. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,725/mo property income rather than buyer’s personal income.
Condo
Built in 1957
N/A lot
$N/A/sqft
$444 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33133, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,545 (100%) |
| Owner Occupied HU | 8,321 (47.4%) |
| Renter Occupied HU | 7,285 (41.5%) |
| Vacant Housing Units | 1,939 (11.1%) |
| Median Home Value | $980,058 |
| Average Home Value | $1,186,463 |
Housing Distribution
Address Breakdown
Residential
16,853
Single Family
9,290
Multi-Family
7,563
Businesses
1,233
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Moe Mossa • Savvy Avenue, LLC
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10451767
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.