620 NW 10th AveMiamiFL33136
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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 620 NW 10th Ave, Miami, FL, 33136 generates $18,600/mo in rent and, after a $8,810/mo payment, leaves $6,655/mo in cash flow. Total monthly income is $18,600/mo, and annual cash flow is $79,860/yr on $583,200 invested. Return on cash invested sits at 34.06% in year one, and rental yield is 12.4% on a $1,800,000 entry. Equity gained on principal adds $11,615/yr, while 5% annual appreciation builds toward $497,307 over five years. Five-year ROI reaches 179.24% and total cumulative return in cash sums $1,045,331. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $18,600/mo property income rather than buyer’s personal income.
Multi Family
Built in 1936
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33136, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,665 (100%) |
| Owner Occupied HU | 889 (10.3%) |
| Renter Occupied HU | 6,525 (75.3%) |
| Vacant Housing Units | 1,251 (14.4%) |
| Median Home Value | $379,282 |
| Average Home Value | $523,324 |
Housing Distribution
Address Breakdown
Residential
8,328
Single Family
1,182
Multi-Family
7,146
Businesses
526
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Listed by: Hector Ordonez • United Real Estate Miami
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11604405
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.