7000 Island Blvd APT 1402AventuraFL33160
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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 Aventura at 7000 Island Blvd APT 1402, Aventura, FL, 33160 earns from $6,374/mo rent with a $8,981/mo payment. Total monthly income totals $6,374/mo. ROI tracks 8.66% on current figures, and rental yield reads 4.17% at a $1,835,000 purchase. Equity gained on principal adds $11,841/yr, and 5% annual appreciation supports $506,977 over five years. Five-year ROI reaches 43.01% and total cumulative return in cash sums $255,716. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,374/mo property income instead of your personal income.
Condo
Built in 1998
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33160, North Miami Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,783 (100%) |
| Owner Occupied HU | 11,722 (34.7%) |
| Renter Occupied HU | 9,418 (27.9%) |
| Vacant Housing Units | 12,643 (37.4%) |
| Median Home Value | $574,494 |
| Average Home Value | $785,897 |
Housing Distribution
Address Breakdown
Residential
30,347
Single Family
2,370
Multi-Family
27,977
Businesses
1,198
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