3849 NE 169th St APT 405North Miami BeachFL33160
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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 North Miami Beach at 3849 NE 169th St APT 405, North Miami Beach, FL, 33160 offers a 8.34% rental yield on a $214,500 purchase with $1,491/mo rent. 69% in year one. Equity gained on principal adds $1,384/yr while 5% annual appreciation supports $59,262 over five years. Portfolio math shows five-year ROI at 47.79% and total cumulative return in cash at $33,984. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,491/mo property income against a $1,050/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1970
N/A lot
$N/A/sqft
$611 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
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Listed by: Joseph Brikman • Real Broker LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11693222
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.