505 NW 177th St APT 111Miami GardensFL33169
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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
Total monthly income runs $1,234/mo, and a $773/mo payment. Purchase price stands at $158,000, and rental yield measures 9.37% with $1,234/mo rent. Return on cash invested shows 8.83% in year one, and 5% annual appreciation builds toward $43,652 over five years. Five-year ROI reaches 49.62% and total cumulative return in cash records $25,990. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,234/mo property income covering a $773/mo payment rather than investor’s personal income.
Condo
Built in 1970
N/A lot
$N/A/sqft
$563 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: Dirimo Chourio • Vesta Realty LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11852561
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.