7800 Collins Ave APT 507Miami BeachFL33141
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
Investment property for sale in Miami Beach at 7800 Collins Ave APT 507, Miami Beach, FL, 33141 offers a 7.69% rental yield on a $587,000 purchase with $3,760/mo rent. 22% in year one. Equity gained on principal adds $3,788/yr while 5% annual appreciation supports $162,177 over five years. Portfolio math shows five-year ROI at 99.71% and total cumulative return in cash at $192,562. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,760/mo property income against a $2,873/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1999
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Juan Herrera • AVYA Corp
Mls Name: MIAMI
Mls ID: #A11917826