650 NE 82nd TerMiamiFL33138
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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 650 NE 82nd Ter, Miami, FL, 33138 offers $7,258/mo rent that, after a $4,405/mo payment, leaves $917/mo cash flow. Total monthly income is $7,258/mo, and annual cash flow is $11,007/yr on $296,100 cash. Return on cash invested measures 23.78% in year one, and rental yield stands at 9.68% at a $900,000 entry. Equity gained on principal adds $5,808/yr while 5% annual appreciation compounds into $248,653 by year five. Five-year ROI records 124.69% and total cumulative return in cash reaches $369,216. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $7,258/mo property income versus a $4,405/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
8,262 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: Marco Lopez De Carrizosa • Sigma Real Estate & Investment
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11629670
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.