7645 NW 16th AveMiamiFL33147
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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 Miami at 7645 NW 16th Ave, Miami, FL, 33147 listed at $499,400 pairs $4,153/mo rent with a $2,444/mo payment to leave $839/mo cash flow. Total monthly income runs $4,153/mo, and annual cash flow reaches $10,071/yr on $165,551 cash to close. Return on cash invested measures 25.99% in year one, and rental yield registers 9.98% at a $499,400 basis. Equity gained on principal adds $3,223/yr, and annual property appreciation at 5% supports $137,975 by year five. Five-year ROI tracks 136.07% and total cumulative return in cash totals $225,263. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,153/mo property income relative to a $2,444/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1964
8,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33147, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,194 (100%) |
| Owner Occupied HU | 8,004 (46.6%) |
| Renter Occupied HU | 7,965 (46.3%) |
| Vacant Housing Units | 1,225 ( 7.1%) |
| Median Home Value | $361,375 |
| Average Home Value | $439,784 |
Housing Distribution
Address Breakdown
Residential
15,644
Single Family
13,675
Multi-Family
1,969
Businesses
1,174
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