7200 Fairway Dr APT H10Miami 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
Rental property for sale in Miami Lakes at 7200 Fairway Dr APT H10, Miami Lakes, FL, 33014 generates $2,725/mo in rent and, after a $1,405/mo payment, leaves $230/mo in cash flow. Total monthly income is $2,725/mo, and annual cash flow is $2,755/yr on $95,141 invested. Return on cash invested sits at 22.8% in year one, and rental yield is 11.39% on a $287,000 entry. Equity gained on principal adds $1,852/yr, while 5% annual appreciation builds toward $79,293 over five years. Five-year ROI reaches 121.66% and total cumulative return in cash sums $115,750. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,725/mo property income rather than buyer’s personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
$515 monthly 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: Javier Yanes • Florida Realty of Miami Corp
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11864111
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.