6300 SW Mitchell DrMiamiFL33158
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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 6300 SW Mitchell Dr, Miami, FL, 33158 priced at $1,890,000 pairs $7,679/mo rent with after a $9,251/mo payment. Total monthly income equals $7,679/mo. Return on cash invested is 10.64% in year one, and rental yield stands at 4.88% on a $1,890,000 basis. Equity gained on principal adds $12,196/yr, and 5% annual appreciation accumulates to $522,172 by year five. Five-year ROI measures 53.73% and total cumulative return in cash reaches $329,011. For financing, Ziffy Mortgage’s DSCR program evaluates $7,679/mo property income against a $9,251/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1965
0.30 Acres lot
$N/A/sqft
$100 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33158, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,416 (100%) |
| Owner Occupied HU | 2,139 (88.5%) |
| Renter Occupied HU | 186 ( 7.7%) |
| Vacant Housing Units | 91 ( 3.8%) |
| Median Home Value | $894,301 |
| Average Home Value | $1,006,211 |
Housing Distribution
Address Breakdown
Residential
2,280
Single Family
2,056
Multi-Family
224
Businesses
19
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Listed by: Yaneisis Bonilla • Douglas Elliman
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11681057
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.