7885 SW 179th TerPalmetto BayFL33157
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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 Palmetto Bay at 7885 SW 179th Ter, Palmetto Bay, FL, 33157 offers a 4.58% rental yield on a $1,488,000 purchase with $5,679/mo rent. 93% in year one. Equity gained on principal adds $9,602/yr while 5% annual appreciation supports $411,107 over five years. Portfolio math shows five-year ROI at 49.82% and total cumulative return in cash at $240,168. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,679/mo property income against a $7,283/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33157, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,092 (100%) |
| Owner Occupied HU | 15,135 (62.8%) |
| Renter Occupied HU | 7,769 (32.2%) |
| Vacant Housing Units | 1,188 ( 4.9%) |
| Median Home Value | $556,743 |
| Average Home Value | $620,214 |
Housing Distribution
Address Breakdown
Residential
24,073
Single Family
19,662
Multi-Family
4,411
Businesses
2,254
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Listed by: Lior Cohen • Present Equity Advisors
Mls Name: BeachesMLS
Mls ID: #F10513395