410 NW 98th StMiamiFL33150
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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 410 NW 98th St, Miami, FL, 33150 uses $176,015 cash to close to unlock $243/yr annual cash flow and $20/mo monthly cash flow. Total monthly income runs $3,571/mo, and a $2,619/mo payment keeps the spread at $20/mo. Purchase price stands at $535,000, and rental yield measures 8.01% with $3,571/mo rent. Return on cash invested shows 20.2% in year one, and 5% annual appreciation builds toward $147,811 over five years. Five-year ROI reaches 104.97% and total cumulative return in cash records $184,756. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,571/mo property income covering a $2,619/mo payment rather than investor’s personal income.
Single Family
Built in 1951
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33150, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,890 (100%) |
| Owner Occupied HU | 3,924 (36.0%) |
| Renter Occupied HU | 6,319 (58.0%) |
| Vacant Housing Units | 647 ( 5.9%) |
| Median Home Value | $475,794 |
| Average Home Value | $554,221 |
Housing Distribution
Address Breakdown
Residential
9,963
Single Family
7,582
Multi-Family
2,381
Businesses
761
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