7231 Miami Lakes Dr #C5Miami 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 7231 Miami Lakes Dr #C5, Miami Lakes, FL, 33014 listed at $285,000 pairs $2,776/mo rent with a $1,395/mo payment to leave $885/mo cash flow. Total monthly income runs $2,776/mo, and annual cash flow reaches $10,615/yr on $94,478 cash to close. Return on cash invested measures 31.14% in year one, and rental yield registers 11.69% at a $285,000 basis. Equity gained on principal adds $1,839/yr, and annual property appreciation at 5% supports $78,740 by year five. Five-year ROI tracks 163.7% and total cumulative return in cash totals $154,662. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,776/mo property income relative to a $1,395/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1972
N/A 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: Alexander Fernandez • Tommy Crivello Real Estate Group
Mls Name: BeachesMLS
Mls ID: #F10521342