660 84th St APT 39Miami BeachFL33141
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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 Beach at 660 84th St APT 39, Miami Beach, FL, 33141 listed at $197,000 pairs $1,551/mo rent with a $964/mo payment to leave $244/mo cash flow. Total monthly income runs $1,551/mo, and annual cash flow reaches $2,927/yr on $65,306 cash to close. Return on cash invested measures 24.39% in year one, and rental yield registers 9.45% at a $197,000 basis. Equity gained on principal adds $1,271/yr, and annual property appreciation at 5% supports $54,427 by year five. Five-year ROI tracks 127.45% and total cumulative return in cash totals $83,234. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,551/mo property income relative to a $964/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1949
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33141, Miami Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,647 (100%) |
| Owner Occupied HU | 5,969 (28.9%) |
| Renter Occupied HU | 10,920 (52.9%) |
| Vacant Housing Units | 3,758 (18.2%) |
| Median Home Value | $621,879 |
| Average Home Value | $886,355 |
Housing Distribution
Address Breakdown
Residential
20,267
Single Family
3,242
Multi-Family
17,025
Businesses
799
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Listed by: Jose Sauco • Miami Wave Realty, LLC
Mls Name: MIAMI
Mls ID: #A11917569