7901 Hispanola Ave APT 1605North 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
Investment property for sale in North Bay Village at 7901 Hispanola Ave APT 1605, North Bay Village, FL, 33141 listed at $694,000 pairs $8,332/mo rent with a $3,397/mo payment to leave $2,087/mo cash flow. Total monthly income runs $8,332/mo, and annual cash flow reaches $25,047/yr on $228,326 cash to close. Return on cash invested measures 31.03% in year one, and rental yield registers 14.41% at a $694,000 basis. Equity gained on principal adds $4,478/yr, and annual property appreciation at 5% supports $191,739 by year five. Five-year ROI tracks 166.17% and total cumulative return in cash totals $379,408. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $8,332/mo property income relative to a $3,397/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2007
N/A lot
$N/A/sqft
$1,639 monthly 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: Yuliya Sidorevskaya • Julies Realty, LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11641508
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.