601 NE 36th St APT 1412MiamiFL33137
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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 Miami at 601 NE 36th St APT 1412, Miami, FL, 33137 listed at $1,269,000 pairs $4,822/mo rent with a $6,211/mo payment. Total monthly income runs $4,822/mo. Return on cash invested measures 9.87% in year one, and rental yield registers 4.56% at a $1,269,000 basis. Equity gained on principal adds $8,189/yr, and annual property appreciation at 5% supports $350,601 by year five. Five-year ROI tracks 49.48% and total cumulative return in cash totals $203,439. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,822/mo property income relative to a $6,211/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2005
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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