5640 NW 115th Ct APT 206DoralFL33178
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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
Investment property for sale in Doral at 5640 NW 115th Ct APT 206, Doral, FL, 33178 offers a 11.21% rental yield on a $348,500 purchase with $3,256/mo rent. Total monthly income registers $3,256/mo, and a $1,706/mo payment leaves $145/mo available for distribution. Annual cash flow reaches $1,736/yr on $115,528 to close, and return on cash invested stands at 21.41% in year one. Equity gained on principal adds $2,249/yr while 5% annual appreciation supports $96,284 over five years. Portfolio math shows five-year ROI at 114.5% and total cumulative return in cash at $132,275. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,256/mo property income against a $1,706/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2000
N/A lot
$N/A/sqft
$670 monthly 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
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Listed by: Maria De Matos PA • Realty One Group Evolution
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11767142
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.