400 NW 117th StMiamiFL33168
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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 400 NW 117th St, Miami, FL, 33168 offers a 11.25% rental yield on a $519,000 purchase with $4,866/mo rent. Total monthly income registers $4,866/mo, and a $2,540/mo payment leaves $1,422/mo available for distribution. Annual cash flow reaches $17,065/yr on $170,751 to close, and return on cash invested stands at 30.05% in year one. Equity gained on principal adds $3,349/yr while 5% annual appreciation supports $143,390 over five years. Portfolio math shows five-year ROI at 157.83% and total cumulative return in cash at $269,493. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,866/mo property income against a $2,540/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
6,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33168, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,814 (100%) |
| Owner Occupied HU | 4,925 (72.3%) |
| Renter Occupied HU | 1,650 (24.2%) |
| Vacant Housing Units | 239 ( 3.5%) |
| Median Home Value | $436,278 |
| Average Home Value | $542,764 |
Housing Distribution
Address Breakdown
Residential
6,691
Single Family
6,606
Multi-Family
85
Businesses
746
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