517 De Soto DrMiami SpringsFL33166
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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 Springs at 517 De Soto Dr, Miami Springs, FL, 33166 listed at $684,500 pairs $3,587/mo rent with a $3,350/mo payment. Total monthly income runs $3,587/mo. Return on cash invested measures 14.97% in year one, and rental yield registers 6.29% at a $684,500 basis. Equity gained on principal adds $4,417/yr, and annual property appreciation at 5% supports $189,115 by year five. Five-year ROI tracks 76.91% and total cumulative return in cash totals $173,205. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,587/mo property income relative to a $3,350/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1944
8,520 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33166, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,754 (100%) |
| Owner Occupied HU | 5,737 (45.0%) |
| Renter Occupied HU | 5,956 (46.7%) |
| Vacant Housing Units | 1,061 ( 8.3%) |
| Median Home Value | $562,113 |
| Average Home Value | $585,936 |
Housing Distribution
Address Breakdown
Residential
12,183
Single Family
6,624
Multi-Family
5,559
Businesses
6,559
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Listed by: Thomas Fohlbrook • The Pipal Group
Mls Name: My State MLS
Mls ID: #11334004