47 Northwest AveMiamiFL33126
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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 Miami at 47 Northwest Ave, Miami, FL, 33126 priced at $225,000 converts $2,185/mo rent into $692/mo cash flow after a $1,101/mo obligation. Total monthly income equals $2,185/mo, and annual cash flow totals $8,305/yr on $74,588 invested. Return on cash invested prints 31.04% in year one, and rental yield reads 11.65% against a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation compiles into $62,163 by year five. Five-year ROI reaches 163.2% and total cumulative return in cash sums $121,725. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,185/mo property income covering a $1,101/mo payment, not borrower’s personal income.
Condo
Built in 1968
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33126, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,690 (100%) |
| Owner Occupied HU | 7,111 (34.4%) |
| Renter Occupied HU | 12,678 (61.3%) |
| Vacant Housing Units | 901 ( 4.4%) |
| Median Home Value | $408,871 |
| Average Home Value | $452,290 |
Housing Distribution
Address Breakdown
Residential
18,089
Single Family
8,505
Multi-Family
9,584
Businesses
2,469
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