5 Island Ave APT 6AMiami BeachFL33139
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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 Beach at 5 Island Ave APT 6A, Miami Beach, FL, 33139 earns $1,253/mo cash flow from $4,703/mo rent with a $2,545/mo payment. Total monthly income totals $4,703/mo, and annual cash flow totals $15,030/yr on $171,047 capital. ROI tracks 28.85% on current figures, and rental yield reads 10.86% at a $519,900 purchase. Equity gained on principal adds $3,355/yr, and 5% annual appreciation supports $143,639 over five years. Five-year ROI reaches 151.34% and total cumulative return in cash sums $258,868. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,703/mo property income instead of your personal income.
Condo
Built in 1967
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33139, Miami Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,073 (100%) |
| Owner Occupied HU | 8,020 (26.7%) |
| Renter Occupied HU | 13,441 (44.7%) |
| Vacant Housing Units | 8,612 (28.6%) |
| Median Home Value | $757,323 |
| Average Home Value | $1,011,532 |
Housing Distribution
Address Breakdown
Residential
27,623
Single Family
3,294
Multi-Family
24,329
Businesses
2,457
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Listed by: Kirill Kim • Compass Florida, LLC
Mls Name: MIAMI
Mls ID: #A11827140