432 NW 32nd CtMiamiFL33125
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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 432 NW 32nd Ct, Miami, FL, 33125 uses $184,240 cash to close to unlock $46,875/yr annual cash flow and $3,906/mo monthly cash flow. Total monthly income runs $8,058/mo, and a $2,741/mo payment keeps the spread at $3,906/mo. Purchase price stands at $560,000, and rental yield measures 17.27% with $8,058/mo rent. Return on cash invested shows 45.5% in year one, and 5% annual appreciation builds toward $154,718 over five years. Five-year ROI reaches 241.69% and total cumulative return in cash records $445,289. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $8,058/mo property income covering a $2,741/mo payment rather than investor’s personal income.
Single Family
Built in 1944
6,780 sqft 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
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Listed by: Amado Mederos • Real Estate Services Inc
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10454367
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.