6501 SW 58th PlSouth MiamiFL33143
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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 South Miami at 6501 SW 58th Pl, South Miami, FL, 33143 generates $2,754/mo in rent, after a $2,839/mo payment. Total monthly income is $2,754/mo. Return on cash invested sits at 13.17% in year one, and rental yield is 5.7% on a $580,000 entry. Equity gained on principal adds $3,743/yr, while 5% annual appreciation builds toward $160,243 over five years. Five-year ROI reaches 67.27% and total cumulative return in cash sums $128,361. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,754/mo property income rather than buyer’s personal income.
Single Family
Built in 1948
6,000 sqft 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
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Listed by: Maximiliano Ferro • Benesch Brokers, LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11629562
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.