3700 Island Blvd #C301AventuraFL33160
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play3700 Island Blvd #C301, Aventura, FL, 33160 in Aventura is priced for appreciation, not yield. Rental yield 4.56%. At $1,158,888 with a 4.56% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $320,179 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.85) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $34,733.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.6% | 6.2% |
| Monthly Cash Flow | $(6,544) | $350 |
City averages based on Aventura market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,404 |
| Total Monthly Debt Service | $10,487 |
| DSCR Ratio | 0.42x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1989
N/A lot
$N/A/sqft
$3,193 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33160, North Miami Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,783 (100%) |
| Owner Occupied HU | 11,722 (34.7%) |
| Renter Occupied HU | 9,418 (27.9%) |
| Vacant Housing Units | 12,643 (37.4%) |
| Median Home Value | $574,494 |
| Average Home Value | $785,897 |
Housing Distribution
Address Breakdown
Residential
30,347
Single Family
2,370
Multi-Family
27,977
Businesses
1,198
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 1989
N/A lot
$N/A/sqft
$3,193 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33160, North Miami Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,783 (100%) |
| Owner Occupied HU | 11,722 (34.7%) |
| Renter Occupied HU | 9,418 (27.9%) |
| Vacant Housing Units | 12,643 (37.4%) |
| Median Home Value | $574,494 |
| Average Home Value | $785,897 |
Housing Distribution
Address Breakdown
Residential
30,347
Single Family
2,370
Multi-Family
27,977
Businesses
1,198
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mary Crincoli • Crincoli Real Estate, Inc.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11621060
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.