645 NE 70th StMiamiFL33138
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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 645 NE 70th St, Miami, FL, 33138 listed at $1,110,000 pairs $8,340/mo rent with a $5,433/mo payment to leave $663/mo cash flow. Total monthly income runs $8,340/mo, and annual cash flow reaches $7,955/yr on $359,640 cash to close. Return on cash invested measures 22.58% in year one, and rental yield registers 9.02% at a $1,110,000 basis. Equity gained on principal adds $7,163/yr, and annual property appreciation at 5% supports $306,673 by year five. Five-year ROI tracks 118.05% and total cumulative return in cash totals $424,551. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $8,340/mo property income relative to a $5,433/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
5,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33138, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,187 (100%) |
| Owner Occupied HU | 6,036 (42.5%) |
| Renter Occupied HU | 6,547 (46.1%) |
| Vacant Housing Units | 1,604 (11.3%) |
| Median Home Value | $787,542 |
| Average Home Value | $876,524 |
Housing Distribution
Address Breakdown
Residential
12,785
Single Family
6,848
Multi-Family
5,937
Businesses
1,269
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Listed by: Roman Kozak • Douglas Elliman
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11652967
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.