5900 SW 63rd StreetSouth MiamiFL33143
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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 South Miami at 5900 SW 63rd Street, South Miami, FL, 33143 listed at $697,500 pairs $4,948/mo rent with a $3,414/mo payment to leave $319/mo cash flow. Total monthly income runs $4,948/mo, and annual cash flow reaches $3,830/yr on $229,478 cash to close. Return on cash invested measures 21.73% in year one, and rental yield registers 8.51% at a $697,500 basis. Equity gained on principal adds $4,501/yr, and annual property appreciation at 5% supports $192,706 by year five. Five-year ROI tracks 113.17% and total cumulative return in cash totals $259,703. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,948/mo property income relative to a $3,414/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1947
7,140 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33143, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,832 (100%) |
| Owner Occupied HU | 7,742 (46.0%) |
| Renter Occupied HU | 7,413 (44.0%) |
| Vacant Housing Units | 1,677 ( 10.0%) |
| Median Home Value | $878,323 |
| Average Home Value | $1,053,063 |
Housing Distribution
Address Breakdown
Residential
15,351
Single Family
7,329
Multi-Family
8,022
Businesses
1,387
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Listed by: John Scalia • EXP Realty, LLC.
Mls Name: MIAMI
Mls ID: #A11894968