7851 Miller Dr APT A117MiamiFL33155
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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 7851 Miller Dr APT A117, Miami, FL, 33155 uses $82,875 cash to close to unlock $10,963/yr annual cash flow and $914/mo monthly cash flow. Total monthly income runs $2,573/mo, and a $1,224/mo payment keeps the spread at $914/mo. Purchase price stands at $249,999, and rental yield measures 12.35% with $2,573/mo rent. Return on cash invested shows 33.14% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 174.39% and total cumulative return in cash records $144,526. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,573/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Condo
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33155, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,986 (100%) |
| Owner Occupied HU | 10,768 (63.4%) |
| Renter Occupied HU | 5,559 (32.7%) |
| Vacant Housing Units | 659 ( 3.9%) |
| Median Home Value | $591,110 |
| Average Home Value | $667,336 |
Housing Distribution
Address Breakdown
Residential
16,357
Single Family
13,251
Multi-Family
3,106
Businesses
2,597
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