7290 NW 114th Ave #3077, Doral, FL, 33178 | $963/mo Cash Flow

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7290 NW 114th Ave #3077, Doral, FL, 33178 | $963/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Doral at 7290 NW 114th Ave #3077, Doral, FL, 33178 listed at $360,000 pairs $3,352/mo rent with a $1,762/mo payment to leave $963/mo cash flow. Total monthly income runs $3,352/mo, and annual cash flow reaches $11,556/yr on $119,340 cash to close. Return on cash invested measures 29.59% in year one, and rental yield registers 11.17% at a $360,000 basis. Equity gained on principal adds $2,323/yr, and annual property appreciation at 5% supports $99,461 by year five. Five-year ROI tracks 155.33% and total cumulative return in cash totals $185,373. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,352/mo property income relative to a $1,762/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 2003

N/A lot

$N/A/sqft

No HOA

More details about the property

Live, learn, and play in Palm Gardens at Doral a luxurious gated community with a clubhouse, swimming pool, and gym! This spacious 2-bedroom, 2-bath apartment features a renovated kitchen with granite countertops and stainless steel appliances, stylishly updated bathrooms, and tiled floors throughout. Hurricane-impact doors and windows provide peace of mind. Conveniently located near major expressways, and close to top-rated A+ elementary, middle, and high schools. Just minutes from renowned Doral malls and vibrant dining scenes. Two assigned parking spaces included. With strong community reserves and low maintenance fees, financing is available with low down payment options. An excellent opportunity for investors and first-time buyers one of the best values in Doral!

Neighborhood Data

Neighborhood data shown for ZIP Code: 33178, Miami, FL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	23,690 (100%)
Owner Occupied HU	10,605 (44.8%)
Renter Occupied HU	10,587 (44.7%)
Vacant Housing Units	2,498 (10.5%)
Median Home Value	$596,213
Average Home Value	$667,251