521 SW 23rd RdMiamiFL33129
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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 521 SW 23rd Rd, Miami, FL, 33129 at $1,600,000 posts ROI 18.22% with from $9,689/mo rent. Total monthly income equals $9,689/mo. Return on cash invested measures 18.22% and rental yield reads 7.27% at the current $1,600,000. Equity gained on principal adds $10,325/yr, and 5% annual appreciation supports $442,051 by year five. Five-year ROI prints 94.29% and total cumulative return in cash totals $488,787. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $9,689/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1941
6,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33129, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,959 (100%) |
| Owner Occupied HU | 3,864 (48.5%) |
| Renter Occupied HU | 3,156 (39.7%) |
| Vacant Housing Units | 939 (11.8%) |
| Median Home Value | $731,163 |
| Average Home Value | $873,278 |
Housing Distribution
Address Breakdown
Residential
7,737
Single Family
1,778
Multi-Family
5,959
Businesses
312
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Listed by: Reinaldo Valdes • Global Compass R E Invstmnt
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10457188
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.