4815 NW 16th AveMiamiFL33142
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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 4815 NW 16th Ave, Miami, FL, 33142 earns $2,473/mo cash flow from $6,515/mo rent with a $2,888/mo payment. Total monthly income totals $6,515/mo, and annual cash flow totals $29,677/yr on $194,110 capital. ROI tracks 35.35% on current figures, and rental yield reads 13.25% at a $590,000 purchase. Equity gained on principal adds $3,807/yr, and 5% annual appreciation supports $163,006 over five years. Five-year ROI reaches 186.5% and total cumulative return in cash sums $362,008. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,515/mo property income instead of your personal income.
Single Family
Built in 1962
5,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33142, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,089 (100%) |
| Owner Occupied HU | 5,879 (26.6%) |
| Renter Occupied HU | 14,179 (64.2%) |
| Vacant Housing Units | 2,031 ( 9.2%) |
| Median Home Value | $372,271 |
| Average Home Value | $458,309 |
Housing Distribution
Address Breakdown
Residential
18,741
Single Family
12,877
Multi-Family
5,864
Businesses
3,005
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Listed by: Maria Achury • Nexus International Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11628937
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.