4000 Towerside Ter APT 2201MiamiFL33138
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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 4000 Towerside Ter APT 2201, Miami, FL, 33138 uses $201,348 cash to close to unlock $6,867/yr annual cash flow and $572/mo monthly cash flow. Total monthly income runs $5,500/mo, and a $2,995/mo payment keeps the spread at $572/mo. Purchase price stands at $612,000, and rental yield measures 10.78% with $5,500/mo rent. Return on cash invested shows 23.47% in year one, and 5% annual appreciation builds toward $169,084 over five years. Five-year ROI reaches 124.39% and total cumulative return in cash records $250,451. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,500/mo property income covering a $2,995/mo payment rather than investor’s personal income.
Condo
Built in 1982
N/A lot
$N/A/sqft
$824 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33138, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,187 (100%) |
| Owner Occupied HU | 6,036 (42.5%) |
| Renter Occupied HU | 6,547 (46.1%) |
| Vacant Housing Units | 1,604 (11.3%) |
| Median Home Value | $787,542 |
| Average Home Value | $876,524 |
Housing Distribution
Address Breakdown
Residential
12,785
Single Family
6,848
Multi-Family
5,937
Businesses
1,269
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Listed by: Karen S Alvarez • Metro 1 Commercial
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11815274
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.