6767 Indian Creek Dr APT 1CMiami 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 6767 Indian Creek Dr APT 1C, Miami Beach, FL, 33141 with 5% annual appreciation on a $155,360 basis while $2,310/mo rent supports operations. Total monthly income totals $2,310/mo and a $760/mo payment preserves $767/mo for cash returns. Annual cash flow comes to $9,206/yr on $51,502 deployed, and return on cash invested reaches 37.78% in year one. Equity gained on principal adds $1,003/yr, and five-year appreciation sums $42,923 alongside rental yield of 17.84%. Five-year ROI measures 203.71% and total cumulative return in cash totals $104,913.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,310/mo property income versus a $760/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1948
N/A lot
$N/A/sqft
$400 monthly 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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