520 Brickell Key Dr APT A1505MiamiFL33131
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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 520 Brickell Key Dr APT A1505, Miami, FL, 33131 offers a 10.52% rental yield on a $1,200,000 purchase with $10,518/mo rent. Total monthly income registers $10,518/mo, and a $5,873/mo payment leaves $886/mo available for distribution. Annual cash flow reaches $10,632/yr on $388,800 to close, and return on cash invested stands at 23.1% in year one. Equity gained on principal adds $7,743/yr while 5% annual appreciation supports $331,538 over five years. Portfolio math shows five-year ROI at 122.34% and total cumulative return in cash at $475,655. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $10,518/mo property income against a $5,873/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1982
N/A lot
$N/A/sqft
$4,794 quarterly 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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Listed by: Ashley Cusack • BHHS EWM Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11582550
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.