41 NE 109th StMiami ShoresFL33161
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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 Shores at 41 NE 109th St, Miami Shores, FL, 33161 with 5% annual appreciation on a $1,115,000 basis while $9,142/mo rent supports operations. Total monthly income totals $9,142/mo and a $5,457/mo payment preserves $1,743/mo for cash returns. Annual cash flow comes to $20,916/yr on $361,260 deployed, and return on cash invested reaches 26.16% in year one. Equity gained on principal adds $7,195/yr, and five-year appreciation sums $308,054 alongside rental yield of 9.84%. Five-year ROI measures 136.87% and total cumulative return in cash totals $494,473.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $9,142/mo property income versus a $5,457/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1946
9,150 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33161, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,055 (100%) |
| Owner Occupied HU | 7,835 (39.1%) |
| Renter Occupied HU | 10,594 (52.8%) |
| Vacant Housing Units | 1,626 ( 8.1%) |
| Median Home Value | $506,588 |
| Average Home Value | $542,699 |
Housing Distribution
Address Breakdown
Residential
17,553
Single Family
10,194
Multi-Family
7,359
Businesses
1,270
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Listed by: John Salt • Keller Williams Eagle Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11647901
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.