4709 NW 7th St APT 204-9MiamiFL33126
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 4709 NW 7th St APT 204-9, Miami, FL, 33126 uses $86,157 cash to close to unlock $508/yr annual cash flow and $42/mo monthly cash flow. Total monthly income runs $2,311/mo, and a $1,272/mo payment keeps the spread at $42/mo. Purchase price stands at $259,900, and rental yield measures 10.67% with $2,311/mo rent. Return on cash invested shows 20.5% in year one, and 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 109.38% and total cumulative return in cash records $94,234. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,311/mo property income covering a $1,272/mo payment rather than investor’s personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
$544 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ximena Araya • Conexta Realty Group LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11759468
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.