6508 NW 113th PlDoralFL33178
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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 Doral at 6508 NW 113th Pl, Doral, FL, 33178 uses $388,476 cash to close to unlock $45,321/yr annual cash flow and $3,777/mo monthly cash flow. Total monthly income runs $12,182/mo, and a $5,869/mo payment keeps the spread at $3,777/mo. Purchase price stands at $1,199,000, and rental yield measures 12.19% with $12,182/mo rent. Return on cash invested shows 32.04% in year one, and 5% annual appreciation builds toward $331,262 over five years. Five-year ROI reaches 168.87% and total cumulative return in cash records $656,037. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $12,182/mo property income covering a $5,869/mo payment rather than investor’s personal income.
Single Family
Built in 1997
7,342 sqft lot
$N/A/sqft
$448 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33178, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,690 (100%) |
| Owner Occupied HU | 10,605 (44.8%) |
| Renter Occupied HU | 10,587 (44.7%) |
| Vacant Housing Units | 2,498 (10.5%) |
| Median Home Value | $596,213 |
| Average Home Value | $667,251 |
Housing Distribution
Address Breakdown
Residential
23,393
Single Family
17,376
Multi-Family
6,017
Businesses
2,697
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Listed by: Martha Hawkins • Miami New Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11554765
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.