6851 Miami Lakeway SMiami LakesFL33014
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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 Lakes at 6851 Miami Lakeway S, Miami Lakes, FL, 33014 offers a 8.21% rental yield on a $830,000 purchase with $5,678/mo rent. Total monthly income registers $5,678/mo, and a $4,062/mo payment leaves $170/mo available for distribution. Annual cash flow reaches $2,045/yr on $273,070 to close, and return on cash invested stands at 20.81% in year one. Equity gained on principal adds $5,356/yr while 5% annual appreciation supports $229,314 over five years. Portfolio math shows five-year ROI at 108.23% and total cumulative return in cash at $295,542. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,678/mo property income against a $4,062/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
9,766 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33014, Hialeah, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,454 (100%) |
| Owner Occupied HU | 6,918 (42.0%) |
| Renter Occupied HU | 8,748 (53.2%) |
| Vacant Housing Units | 788 ( 4.8%) |
| Median Home Value | $513,421 |
| Average Home Value | $573,531 |
Housing Distribution
Address Breakdown
Residential
16,190
Single Family
9,197
Multi-Family
6,993
Businesses
2,055
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Listed by: Yraima Morales • Coldwell Banker Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11847980
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.