741 NE 87th StMiamiFL33138
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
Total monthly income runs $5,434/mo, and a $7,337/mo payment. Purchase price stands at $1,498,997, and rental yield measures 4.35% with $5,434/mo rent. Return on cash invested shows 9.22% in year one, and 5% annual appreciation builds toward $414,145 over five years. Five-year ROI reaches 46.02% and total cumulative return in cash records $223,484. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,434/mo property income covering a $7,337/mo payment rather than investor’s personal income.
Single Family
Built in 1948
8,865 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices