4730 Pine Tree Dr #18Miami BeachFL33140
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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 Beach at 4730 Pine Tree Dr #18, Miami Beach, FL, 33140 generates $4,116/mo in rent and, after a $758/mo payment, leaves $2,695/mo in cash flow. Total monthly income is $4,116/mo, and annual cash flow is $32,343/yr on $51,349 invested. Return on cash invested sits at 82.89% in year one, and rental yield is 31.89% on a $154,900 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation builds toward $42,796 over five years. Five-year ROI reaches 444.57% and total cumulative return in cash sums $228,284. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,116/mo property income rather than buyer’s personal income.
Condo
Built in 1948
N/A lot
$N/A/sqft
$393 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33140, Miami Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,183 (100%) |
| Owner Occupied HU | 5,771 (33.6%) |
| Renter Occupied HU | 3,645 (21.2%) |
| Vacant Housing Units | 7,767 (45.2%) |
| Median Home Value | $985,285 |
| Average Home Value | $1,189,094 |
Housing Distribution
Address Breakdown
Residential
13,770
Single Family
2,707
Multi-Family
11,063
Businesses
828
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Listed by: Jeffrey Sanders • Coldwell Banker Realty
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10446372
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.