7244 SW 94th Pl APT C1MiamiFL33173
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 at 7244 SW 94th Pl APT C1, Miami, FL, 33173 earns $389/mo cash flow from $2,153/mo rent with a $998/mo payment. Total monthly income totals $2,153/mo, and annual cash flow totals $4,671/yr on $67,626 capital. ROI tracks 26.82% on current figures, and rental yield reads 12.66% at a $204,000 purchase. Equity gained on principal adds $1,316/yr, and 5% annual appreciation supports $56,361 over five years. Five-year ROI reaches 143.15% and total cumulative return in cash sums $96,808. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,153/mo property income instead of your personal income.
Condo
Built in 1968
N/A lot
$N/A/sqft
$377 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33173, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,465 (100%) |
| Owner Occupied HU | 8,950 (61.9%) |
| Renter Occupied HU | 5,005 (34.6%) |
| Vacant Housing Units | 510 ( 3.5%) |
| Median Home Value | $505,237 |
| Average Home Value | $589,121 |
Housing Distribution
Address Breakdown
Residential
12,420
Single Family
9,415
Multi-Family
3,005
Businesses
939
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rafael Descarga • Miami Trust Realty Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11817722
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.