398 NE 5th St #2410MiamiFL33130
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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 398 NE 5th St #2410, Miami, FL, 33130 listed at $920,000 pairs $4,690/mo rent with a $4,503/mo payment. Total monthly income runs $4,690/mo. Return on cash invested measures 14.45% in year one, and rental yield registers 6.12% at a $920,000 basis. Equity gained on principal adds $5,937/yr, and annual property appreciation at 5% supports $254,179 by year five. Five-year ROI tracks 74.12% and total cumulative return in cash totals $224,343. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,690/mo property income relative to a $4,503/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2022
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33130, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,653 (100%) |
| Owner Occupied HU | 4,176 (19.3%) |
| Renter Occupied HU | 15,484 (71.5%) |
| Vacant Housing Units | 1,993 ( 9.2%) |
| Median Home Value | $526,147 |
| Average Home Value | $612,036 |
Housing Distribution
Address Breakdown
Residential
19,316
Single Family
1,927
Multi-Family
17,389
Businesses
1,387
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