670 NW 85th Pl #11108MiamiFL33126
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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 at 670 NW 85th Pl #11108, Miami, FL, 33126 earns $231/mo cash flow from $2,298/mo rent with a $1,346/mo payment. Total monthly income totals $2,298/mo, and annual cash flow totals $2,775/yr on $91,163 capital. ROI tracks 22.95% on current figures, and rental yield reads 10.03% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 120.94% and total cumulative return in cash sums $110,255. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,298/mo property income instead of your personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
$217 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33126, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,690 (100%) |
| Owner Occupied HU | 7,111 (34.4%) |
| Renter Occupied HU | 12,678 (61.3%) |
| Vacant Housing Units | 901 ( 4.4%) |
| Median Home Value | $408,871 |
| Average Home Value | $452,290 |
Housing Distribution
Address Breakdown
Residential
18,089
Single Family
8,505
Multi-Family
9,584
Businesses
2,469
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Listed by: Carlos Olivares • BHHS EWM Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11673673
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.