500 Brickell Ave APT 1701MiamiFL33131
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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 500 Brickell Ave APT 1701, Miami, FL, 33131 listed at $1,100,000 pairs $8,852/mo rent with a $5,384/mo payment to leave $1,552/mo cash flow. Total monthly income runs $8,852/mo, and annual cash flow reaches $18,626/yr on $356,400 cash to close. Return on cash invested measures 25.6% in year one, and rental yield registers 9.66% at a $1,100,000 basis. Equity gained on principal adds $7,098/yr, and annual property appreciation at 5% supports $303,910 by year five. Five-year ROI tracks 133.85% and total cumulative return in cash totals $477,031. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $8,852/mo property income relative to a $5,384/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2008
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33131, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,011 (100%) |
| Owner Occupied HU | 5,504 (29.0%) |
| Renter Occupied HU | 9,843 (51.8%) |
| Vacant Housing Units | 3,664 (19.3%) |
| Median Home Value | $721,381 |
| Average Home Value | $849,940 |
Housing Distribution
Address Breakdown
Residential
17,448
Single Family
3
Multi-Family
17,445
Businesses
2,221
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