7530 Center Bay DrNorth Bay VillageFL33141
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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
Rental property for sale in North Bay Village at 7530 Center Bay Dr, North Bay Village, FL, 33141 priced at $1,590,000 pairs $55,994/mo rent with $45,074/mo cash flow after a $7,782/mo payment. Total monthly income equals $55,994/mo, and annual cash flow comes to $540,893/yr on $515,160 invested. Return on cash invested is 125.36% in year one, and rental yield stands at 42.26% on a $1,590,000 basis. Equity gained on principal adds $10,260/yr, and 5% annual appreciation accumulates to $439,288 by year five. Five-year ROI measures 669.16% and total cumulative return in cash reaches $3,447,248. For financing, Ziffy Mortgage’s DSCR program evaluates $55,994/mo property income against a $7,782/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1953
8,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33141, Miami Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,647 (100%) |
| Owner Occupied HU | 5,969 (28.9%) |
| Renter Occupied HU | 10,920 (52.9%) |
| Vacant Housing Units | 3,758 (18.2%) |
| Median Home Value | $621,879 |
| Average Home Value | $886,355 |
Housing Distribution
Address Breakdown
Residential
20,267
Single Family
3,242
Multi-Family
17,025
Businesses
799
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Listed by: Michael Menghini • Julies Realty, LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11649811
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.