5300 NW 87th Ave #415MiamiFL33178
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 5300 NW 87th Ave #415, Miami, FL, 33178 offers a 9.26% rental yield on a $125,000 purchase with $965/mo rent. Total monthly income registers $965/mo, and a $612/mo payment leaves $135/mo available for distribution. Annual cash flow reaches $1,623/yr on $41,438 to close, and return on cash invested stands at 23.83% in year one. Equity gained on principal adds $807/yr while 5% annual appreciation supports $34,535 over five years. Portfolio math shows five-year ROI at 124.54% and total cumulative return in cash at $51,605. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $965/mo property income against a $612/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33178, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,690 (100%) |
| Owner Occupied HU | 10,605 (44.8%) |
| Renter Occupied HU | 10,587 (44.7%) |
| Vacant Housing Units | 2,498 (10.5%) |
| Median Home Value | $596,213 |
| Average Home Value | $667,251 |
Housing Distribution
Address Breakdown
Residential
23,393
Single Family
17,376
Multi-Family
6,017
Businesses
2,697
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices