5403 NW 199th Ter #123Opa LockaFL33055
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 Opa Locka at 5403 NW 199th Ter #123, Opa Locka, FL, 33055 offers a 9.11% rental yield on a $148,000 purchase with $1,124/mo rent. Total monthly income registers $1,124/mo, and a $724/mo payment leaves $142/mo available for distribution. Annual cash flow reaches $1,707/yr on $49,062 to close, and return on cash invested stands at 23.39% in year one. Equity gained on principal adds $955/yr while 5% annual appreciation supports $40,890 over five years. Portfolio math shows five-year ROI at 122.15% and total cumulative return in cash at $59,930. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,124/mo property income against a $724/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1984
1,056 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33055, Opa Locka, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,602 (100%) |
| Owner Occupied HU | 9,791 (77.7%) |
| Renter Occupied HU | 2,665 (21.1%) |
| Vacant Housing Units | 146 ( 1.2%) |
| Median Home Value | $382,793 |
| Average Home Value | $499,620 |
Housing Distribution
Address Breakdown
Residential
12,413
Single Family
12,035
Multi-Family
378
Businesses
406
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices