50 NW 204th St APT H7MiamiFL33169
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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 50 NW 204th St APT H7, Miami, FL, 33169 uses $36,465 cash to close to unlock $149/yr annual cash flow and $12/mo monthly cash flow. Total monthly income runs $962/mo, and a $538/mo payment keeps the spread at $12/mo. Purchase price stands at $110,000, and rental yield measures 10.49% with $962/mo rent. Return on cash invested shows 20.32% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 108.37% and total cumulative return in cash records $39,516. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $962/mo property income covering a $538/mo payment rather than investor’s personal income.
Condo
Built in 1966
N/A lot
$N/A/sqft
$220 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33169, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,882 (100%) |
| Owner Occupied HU | 7,556 (50.8%) |
| Renter Occupied HU | 6,765 (45.5%) |
| Vacant Housing Units | 561 ( 3.8%) |
| Median Home Value | $413,015 |
| Average Home Value | $503,531 |
Housing Distribution
Address Breakdown
Residential
14,425
Single Family
10,219
Multi-Family
4,206
Businesses
1,437
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Listed by: Barbara Triana • Keller Williams Eagle Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11728836
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.