6230 SW 58th StSouth MiamiFL33143
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 6230 SW 58th St, South Miami, FL, 33143 listed at $1,520,000 pairs $9,000/mo rent with a $7,440/mo payment. Total monthly income runs $9,000/mo. Return on cash invested measures 17.72% in year one, and rental yield registers 7.11% at a $1,520,000 basis. Equity gained on principal adds $9,808/yr, and annual property appreciation at 5% supports $419,948 by year five. Five-year ROI tracks 91.61% and total cumulative return in cash totals $451,142. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $9,000/mo property income relative to a $7,440/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
0.30 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Drusso Calenzani • RE/MAX Advance Realty II
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11681738
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.