3817 NW 17th Ave APT 10MiamiFL33142
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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 3817 NW 17th Ave APT 10, Miami, FL, 33142 offers a 11.09% rental yield on a $280,000 purchase with $2,588/mo rent. Total monthly income registers $2,588/mo, and a $1,370/mo payment leaves $730/mo available for distribution. Annual cash flow reaches $8,764/yr on $92,820 to close, and return on cash invested stands at 29.35% in year one. Equity gained on principal adds $1,807/yr while 5% annual appreciation supports $77,359 over five years. Portfolio math shows five-year ROI at 154.09% and total cumulative return in cash at $143,025. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,588/mo property income against a $1,370/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33142, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,089 (100%) |
| Owner Occupied HU | 5,879 (26.6%) |
| Renter Occupied HU | 14,179 (64.2%) |
| Vacant Housing Units | 2,031 ( 9.2%) |
| Median Home Value | $372,271 |
| Average Home Value | $458,309 |
Housing Distribution
Address Breakdown
Residential
18,741
Single Family
12,877
Multi-Family
5,864
Businesses
3,005
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