640 NW 98th Ct #640MiamiFL33172
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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 640 NW 98th Ct #640, Miami, FL, 33172 listed at $472,000 pairs $3,361/mo rent with a $2,310/mo payment to leave $229/mo cash flow. Total monthly income runs $3,361/mo, and annual cash flow reaches $2,747/yr on $156,468 cash to close. Return on cash invested measures 21.66% in year one, and rental yield registers 8.54% at a $472,000 basis. Equity gained on principal adds $3,046/yr, and annual property appreciation at 5% supports $130,405 by year five. Five-year ROI tracks 112.83% and total cumulative return in cash totals $176,545. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,361/mo property income relative to a $2,310/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33172, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,611 (100%) |
| Owner Occupied HU | 7,597 (43.1%) |
| Renter Occupied HU | 9,290 (52.8%) |
| Vacant Housing Units | 724 ( 4.1%) |
| Median Home Value | $323,921 |
| Average Home Value | $406,612 |
Housing Distribution
Address Breakdown
Residential
16,288
Single Family
4,549
Multi-Family
11,739
Businesses
2,989
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