400 Sunny Isles Blvd #908Sunny Isles BeachFL33160
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Total monthly income runs $7,922/mo, and a $5,656/mo payment. Purchase price stands at $1,155,500, and rental yield measures 8.23% with $7,922/mo rent. Return on cash invested shows 16.57% in year one, and 5% annual appreciation builds toward $319,243 over five years. Five-year ROI reaches 87.1% and total cumulative return in cash records $326,072. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,922/mo property income covering a $5,656/mo payment rather than investor’s personal income.
Condo
Built in 2015
1 sqft lot
$N/A/sqft
$1,123 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A