6205 Kendale Lakes Cir #279MiamiFL33183
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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 6205 Kendale Lakes Cir #279, Miami, FL, 33183 offers a 8.16% rental yield on a $310,000 purchase with $2,108/mo rent. Total monthly income registers $2,108/mo, and a $1,517/mo payment leaves $51/mo available for distribution. Annual cash flow reaches $613/yr on $102,765 to close, and return on cash invested stands at 20.51% in year one. Equity gained on principal adds $2,000/yr while 5% annual appreciation supports $85,647 over five years. Portfolio math shows five-year ROI at 106.67% and total cumulative return in cash at $109,615. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,108/mo property income against a $1,517/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1994
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33183, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,381 (100%) |
| Owner Occupied HU | 9,138 (68.3%) |
| Renter Occupied HU | 3,958 (29.6%) |
| Vacant Housing Units | 285 ( 2.1%) |
| Median Home Value | $478,717 |
| Average Home Value | $539,644 |
Housing Distribution
Address Breakdown
Residential
12,533
Single Family
9,515
Multi-Family
3,018
Businesses
500
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