412 NW 23rd CtMiamiFL33125
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
Investment property for sale in Miami at 412 NW 23rd Ct, Miami, FL, 33125 listed at $887,000 pairs $6,298/mo rent with a $4,341/mo payment to leave $412/mo cash flow. Total monthly income runs $6,298/mo, and annual cash flow reaches $4,946/yr on $291,823 cash to close. Return on cash invested measures 21.76% in year one, and rental yield registers 8.52% at a $887,000 basis. Equity gained on principal adds $5,724/yr, and annual property appreciation at 5% supports $245,062 by year five. Five-year ROI tracks 113.31% and total cumulative return in cash totals $330,658. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,298/mo property income relative to a $4,341/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1924
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33125, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,408 (100%) |
| Owner Occupied HU | 5,441 (24.3%) |
| Renter Occupied HU | 15,974 (71.3%) |
| Vacant Housing Units | 993 ( 4.4%) |
| Median Home Value | $475,381 |
| Average Home Value | $585,368 |
Housing Distribution
Address Breakdown
Residential
20,334
Single Family
9,534
Multi-Family
10,800
Businesses
1,066
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Margarita Elordi • Core International Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11644062
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.