8240 SW 149th Ct #7-205MiamiFL33193
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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 8240 SW 149th Ct #7-205, Miami, FL, 33193 uses $97,793 cash to close to unlock $8,907/yr annual cash flow and $742/mo monthly cash flow. Total monthly income runs $2,700/mo, and a $1,444/mo payment keeps the spread at $742/mo. Purchase price stands at $295,000, and rental yield measures 10.98% with $2,700/mo rent. Return on cash invested shows 29.02% in year one, and 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 152.31% and total cumulative return in cash records $148,946. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,700/mo property income covering a $1,444/mo payment rather than investor’s personal income.
Condo
Built in 1991
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33193, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,215 (100%) |
| Owner Occupied HU | 9,297 (61.1%) |
| Renter Occupied HU | 5,546 (36.5%) |
| Vacant Housing Units | 372 ( 2.4%) |
| Median Home Value | $485,162 |
| Average Home Value | $511,895 |
Housing Distribution
Address Breakdown
Residential
15,473
Single Family
10,820
Multi-Family
4,653
Businesses
177
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