3770 NW 197th StMiami GardensFL33055
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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
Rental property for sale in Miami Gardens at 3770 NW 197th St, Miami Gardens, FL, 33055 generates $5,213/mo in rent and, after a $3,372/mo payment, leaves $641/mo in cash flow. Total monthly income is $5,213/mo, and annual cash flow is $7,692/yr on $226,681 invested. Return on cash invested sits at 23.45% in year one, and rental yield is 9.08% on a $689,000 entry. Equity gained on principal adds $4,446/yr, while 5% annual appreciation builds toward $190,358 over five years. Five-year ROI reaches 122.39% and total cumulative return in cash sums $277,446. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,213/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33055, Opa Locka, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,602 (100%) |
| Owner Occupied HU | 9,791 (77.7%) |
| Renter Occupied HU | 2,665 (21.1%) |
| Vacant Housing Units | 146 ( 1.2%) |
| Median Home Value | $382,793 |
| Average Home Value | $499,620 |
Housing Distribution
Address Breakdown
Residential
12,413
Single Family
12,035
Multi-Family
378
Businesses
406
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Listed by: Taimi Uria • Tower Team Realty, LLC
Mls Name: MIAMI
Mls ID: #A11943607