8240 SW 210th St APT 320Cutler 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 320, Cutler Bay, FL, 33189 listed at $315,000 pairs $2,567/mo rent with a $1,542/mo payment. Total monthly income runs $2,567/mo. Return on cash invested measures 19.24% in year one, and rental yield registers 9.78% at a $315,000 basis. Equity gained on principal adds $2,033/yr, and annual property appreciation at 5% supports $87,029 by year five. Five-year ROI tracks 102.07% and total cumulative return in cash totals $106,589. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,567/mo property income relative to a $1,542/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1988
N/A lot
$N/A/sqft
$535 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
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Listed by: Stheffani Arcia Moron • Excellence Realty Group, Inc.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11722733
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.