801 S Miami Ave UNIT 2510MiamiFL33130
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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 801 S Miami Ave UNIT 2510, Miami, FL, 33130 uses $302,877 cash to close to unlock $6,213/yr annual cash flow and $518/mo monthly cash flow. Total monthly income runs $7,112/mo, and a $4,506/mo payment keeps the spread at $518/mo. Purchase price stands at $920,600, and rental yield measures 9.27% with $7,112/mo rent. Return on cash invested shows 22.11% in year one, and 5% annual appreciation builds toward $254,345 over five years. Five-year ROI reaches 115.9% and total cumulative return in cash records $351,047. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,112/mo property income covering a $4,506/mo payment rather than investor’s personal income.
Apartment
Built in 2018
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33130, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,653 (100%) |
| Owner Occupied HU | 4,176 (19.3%) |
| Renter Occupied HU | 15,484 (71.5%) |
| Vacant Housing Units | 1,993 ( 9.2%) |
| Median Home Value | $526,147 |
| Average Home Value | $612,036 |
Housing Distribution
Address Breakdown
Residential
19,316
Single Family
1,927
Multi-Family
17,389
Businesses
1,387
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