7200 SW 137th StPalmetto BayFL33158
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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 Palmetto Bay at 7200 SW 137th St, Palmetto Bay, FL, 33158 listed at $1,695,000 pairs $7,650/mo rent with a $8,296/mo payment. Total monthly income runs $7,650/mo. Return on cash invested measures 12.51% in year one, and rental yield registers 5.42% at a $1,695,000 basis. Equity gained on principal adds $10,938/yr, and annual property appreciation at 5% supports $468,297 by year five. Five-year ROI tracks 63.65% and total cumulative return in cash totals $349,569. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $7,650/mo property income relative to a $8,296/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1962
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33158, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,416 (100%) |
| Owner Occupied HU | 2,139 (88.5%) |
| Renter Occupied HU | 186 ( 7.7%) |
| Vacant Housing Units | 91 ( 3.8%) |
| Median Home Value | $894,301 |
| Average Home Value | $1,006,211 |
Housing Distribution
Address Breakdown
Residential
2,280
Single Family
2,056
Multi-Family
224
Businesses
19
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Listed by: Faranak Mehdian • Coldwell Banker Realty
Mls Name: MIAMI
Mls ID: #A11845102