6650 SW 71st Ln #3South 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
Investment property for sale in South Miami at 6650 SW 71st Ln #3, South Miami, FL, 33143 offers a 9.46% rental yield on a $799,999 purchase with $6,304/mo rent. Total monthly income registers $6,304/mo, and a $3,916/mo payment leaves $995/mo available for distribution. Annual cash flow reaches $11,936/yr on $263,200 to close, and return on cash invested stands at 24.6% in year one. Equity gained on principal adds $5,162/yr while 5% annual appreciation supports $221,025 over five years. Portfolio math shows five-year ROI at 128.53% and total cumulative return in cash at $338,287. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,304/mo property income against a $3,916/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1977
N/A 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: Riley Smith • Compass Florida, LLC
Mls Name: MIAMI
Mls ID: #A11854238