560 NW 188th StMiami GardensFL33169
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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
Rental property for sale in Miami Gardens at 560 NW 188th St, Miami Gardens, FL, 33169 generates $3,288/mo in rent, after a $2,442/mo payment. Total monthly income is $3,288/mo. Return on cash invested sits at 19.74% in year one, and rental yield is 7.91% on a $499,000 entry. Equity gained on principal adds $3,220/yr, while 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 102.51% and total cumulative return in cash sums $169,578. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,288/mo property income rather than buyer’s personal income.
Single Family
Built in 1953
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33169, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,882 (100%) |
| Owner Occupied HU | 7,556 (50.8%) |
| Renter Occupied HU | 6,765 (45.5%) |
| Vacant Housing Units | 561 ( 3.8%) |
| Median Home Value | $413,015 |
| Average Home Value | $503,531 |
Housing Distribution
Address Breakdown
Residential
14,425
Single Family
10,219
Multi-Family
4,206
Businesses
1,437
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Listed by: Taimi Uria • Tower Team Realty, LLC
Mls Name: MIAMI
Mls ID: #A11878496