601 NE 27th St APT 1805MiamiFL33137
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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 at 601 NE 27th St APT 1805, Miami, FL, 33137 generates $4,183/mo in rent and, after a $2,689/mo payment, leaves $248/mo in cash flow. Total monthly income is $4,183/mo, and annual cash flow is $2,976/yr on $180,720 invested. Return on cash invested sits at 21.71% in year one, and rental yield is 9.14% on a $549,300 entry. Equity gained on principal adds $3,545/yr, while 5% annual appreciation builds toward $151,761 over five years. Five-year ROI reaches 113.73% and total cumulative return in cash sums $205,530. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,183/mo property income rather than buyer’s personal income.
Apartment
Built in 2016
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33137, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,753 (100%) |
| Owner Occupied HU | 3,908 (19.8%) |
| Renter Occupied HU | 12,017 (60.8%) |
| Vacant Housing Units | 3,828 (19.4%) |
| Median Home Value | $698,126 |
| Average Home Value | $916,297 |
Housing Distribution
Address Breakdown
Residential
16,819
Single Family
2,312
Multi-Family
14,507
Businesses
1,609
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