5555 Collins Ave APT 12NMiami BeachFL33140
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 Beach at 5555 Collins Ave APT 12N, Miami Beach, FL, 33140 earns $173/mo cash flow from $5,150/mo rent with a $3,671/mo payment. Total monthly income totals $5,150/mo, and annual cash flow totals $2,073/yr on $246,750 capital. ROI tracks 20.9% on current figures, and rental yield reads 8.24% at a $750,000 purchase. Equity gained on principal adds $4,840/yr, and 5% annual appreciation supports $207,211 over five years. Five-year ROI reaches 108.71% and total cumulative return in cash sums $268,254. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,150/mo property income instead of your personal income.
Condo
Built in 1967
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33140, Miami Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,183 (100%) |
| Owner Occupied HU | 5,771 (33.6%) |
| Renter Occupied HU | 3,645 (21.2%) |
| Vacant Housing Units | 7,767 (45.2%) |
| Median Home Value | $985,285 |
| Average Home Value | $1,189,094 |
Housing Distribution
Address Breakdown
Residential
13,770
Single Family
2,707
Multi-Family
11,063
Businesses
828
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Monica Benitez • Xcellence Realty
Mls Name: MIAMI
Mls ID: #A11918822