8240 SW 210th St APT 207Cutler BayFL33189
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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 Cutler Bay at 8240 SW 210th St APT 207, Cutler Bay, FL, 33189 earns $490/mo cash flow from $1,950/mo rent with a $1,077/mo payment. Total monthly income totals $1,950/mo, and annual cash flow totals $5,878/yr on $72,930 capital. ROI tracks 27.97% on current figures, and rental yield reads 10.64% at a $220,000 purchase. Equity gained on principal adds $1,420/yr, and 5% annual appreciation supports $60,782 over five years. Five-year ROI reaches 146.65% and total cumulative return in cash sums $106,955. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,950/mo property income instead of your personal income.
Condo
Built in 1988
N/A lot
$N/A/sqft
No 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
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Listed by: Disneilys Rojas • Realty One Group Evolution
Mls Name: MIAMI
Mls ID: #A11934833