








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Miami at 5300 NW 85th Ave APT 1603, Miami, FL, 33166 generates $4,139/mo in rent, after a $3,411/mo payment. Total monthly income is $4,139/mo. Return on cash invested sits at 11.47% in year one, and rental yield is 7.13% on a $697,000 entry. Equity gained on principal adds $4,498/yr, while 5% annual appreciation builds toward $192,568 over five years. Five-year ROI reaches 60.37% and total cumulative return in cash sums $138,442. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,139/mo property income rather than buyer’s personal income.
Condo
Built in 2016
N/A lot
$N/A/sqft
$1,155 monthly HOA
Neighborhood data shown for ZIP Code: 33166, Miami, FL area.
| 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 |
Residential
12,183
Single Family
6,624
Multi-Family
5,559
Businesses
6,559
Date | Event | Price |
|---|---|---|
| 2024-02-26 | Price change | $697,000 |
| 2024-02-12 | Listed for sale | $707,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Libia Rivero • The Real Estate Club LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11529640
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.