8220 SW 203rd StCutler BayFL33189
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 Cutler Bay at 8220 SW 203rd St, Cutler Bay, FL, 33189 offers a 6.25% rental yield on a $665,000 purchase with $3,463/mo rent. 07% in year one. Equity gained on principal adds $4,291/yr while 5% annual appreciation supports $183,727 over five years. Portfolio math shows five-year ROI at 67.37% and total cumulative return in cash at $147,403. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,463/mo property income against a $3,255/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
7,875 sqft lot
$N/A/sqft
$162 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33189, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,800 (100%) |
| Owner Occupied HU | 5,592 (57.1%) |
| Renter Occupied HU | 3,940 (40.2%) |
| Vacant Housing Units | 268 ( 2.7%) |
| Median Home Value | $466,823 |
| Average Home Value | $556,060 |
Housing Distribution
Address Breakdown
Residential
9,346
Single Family
7,297
Multi-Family
2,049
Businesses
475
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Luis Ruiz • EXP Realty, LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11851909
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.