7340 SW 120th StPinecrestFL33156
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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 Pinecrest at 7340 SW 120th St, Pinecrest, FL, 33156 listed at $1,625,000 pairs $5,620/mo rent with a $7,954/mo payment. Total monthly income runs $5,620/mo. Return on cash invested measures 8.6% in year one, and rental yield registers 4.15% at a $1,625,000 basis. Equity gained on principal adds $10,486/yr, and annual property appreciation at 5% supports $448,958 by year five. Five-year ROI tracks 42.69% and total cumulative return in cash totals $224,788. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,620/mo property income relative to a $7,954/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1964
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33156, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,990 (100%) |
| Owner Occupied HU | 8,719 (62.3%) |
| Renter Occupied HU | 4,237 (30.3%) |
| Vacant Housing Units | 1,034 ( 7.4%) |
| Median Home Value | $1,042,504 |
| Average Home Value | $1,217,756 |
Housing Distribution
Address Breakdown
Residential
13,520
Single Family
8,962
Multi-Family
4,558
Businesses
1,518
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Listed by: Daniel Diaz • Midtown Realty International Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11654416
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.