576 NW 114th Ave APT 203SweetwaterFL33172
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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 Sweetwater at 576 NW 114th Ave APT 203, Sweetwater, FL, 33172 listed at $225,000 pairs $2,113/mo rent with a $1,101/mo payment to leave $297/mo cash flow. Total monthly income runs $2,113/mo, and annual cash flow reaches $3,566/yr on $74,588 cash to close. Return on cash invested measures 24.69% in year one, and rental yield registers 11.27% at a $225,000 basis. Equity gained on principal adds $1,452/yr, and annual property appreciation at 5% supports $62,163 by year five. Five-year ROI tracks 131% and total cumulative return in cash totals $97,713. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,113/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1986
N/A lot
$N/A/sqft
$256 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33172, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,611 (100%) |
| Owner Occupied HU | 7,597 (43.1%) |
| Renter Occupied HU | 9,290 (52.8%) |
| Vacant Housing Units | 724 ( 4.1%) |
| Median Home Value | $323,921 |
| Average Home Value | $406,612 |
Housing Distribution
Address Breakdown
Residential
16,288
Single Family
4,549
Multi-Family
11,739
Businesses
2,989
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Listed by: Yessica Karl Montero • Luft Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11861665
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.