723 NE 91st St UNIT 4cMiami ShoresFL33138
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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 Shores at 723 NE 91st St UNIT 4c, Miami Shores, FL, 33138 uses $74,588 cash to close to unlock $3,315/yr annual cash flow and $276/mo monthly cash flow. Total monthly income runs $2,243/mo, and a $1,101/mo payment keeps the spread at $276/mo. Purchase price stands at $225,000, and rental yield measures 11.96% with $2,243/mo rent. Return on cash invested shows 24.35% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 130.09% and total cumulative return in cash records $97,029. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,243/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Condo
Built in 1949
N/A lot
$N/A/sqft
$358 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33138, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,187 (100%) |
| Owner Occupied HU | 6,036 (42.5%) |
| Renter Occupied HU | 6,547 (46.1%) |
| Vacant Housing Units | 1,604 (11.3%) |
| Median Home Value | $787,542 |
| Average Home Value | $876,524 |
Housing Distribution
Address Breakdown
Residential
12,785
Single Family
6,848
Multi-Family
5,937
Businesses
1,269
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Listed by: Annette Newkirk • HomeLife Realty Coastal Properties LLC
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10479807
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.