445 Opa Locka BlvdNorth MiamiFL33168
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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
Rental property for sale in North Miami at 445 Opa Locka Blvd, North Miami, FL, 33168 priced at $620,000 converts $3,292/mo rent into after a $3,035/mo obligation. Total monthly income equals $3,292/mo. Return on cash invested prints 15.22% in year one, and rental yield reads 6.37% against a $620,000 entry. Equity gained on principal adds $4,001/yr, while 5% annual appreciation compiles into $171,295 by year five. Five-year ROI reaches 78.27% and total cumulative return in cash sums $159,651. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,292/mo property income covering a $3,035/mo payment, not borrower’s personal income.
Single Family
Built in 1950
8,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33168, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,814 (100%) |
| Owner Occupied HU | 4,925 (72.3%) |
| Renter Occupied HU | 1,650 (24.2%) |
| Vacant Housing Units | 239 ( 3.5%) |
| Median Home Value | $436,278 |
| Average Home Value | $542,764 |
Housing Distribution
Address Breakdown
Residential
6,691
Single Family
6,606
Multi-Family
85
Businesses
746
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Listed by: Ana Lizardo Hernandez • Core Realty Associates, Inc.
Mls Name: MIAMI
Mls ID: #A11906753