429 NW 83rd St #429MiamiFL33150
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 429 NW 83rd St #429, Miami, FL, 33150 earns $47/mo cash flow from $1,706/mo rent with a $1,224/mo payment. Total monthly income totals $1,706/mo, and annual cash flow totals $559/yr on $82,875 capital. ROI tracks 20.58% on current figures, and rental yield reads 8.19% at a $250,000 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 over five years. Five-year ROI reaches 107.07% and total cumulative return in cash sums $88,738. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,706/mo property income instead of your personal income.
Condo
Built in 1958
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices