828 NW 118th StMiamiFL33168
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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 828 NW 118th St, Miami, FL, 33168 uses $167,757 cash to close to unlock $27,647/yr annual cash flow and $2,304/mo monthly cash flow. Total monthly income runs $5,688/mo, and a $2,496/mo payment keeps the spread at $2,304/mo. Purchase price stands at $509,900, and rental yield measures 13.39% with $5,688/mo rent. Return on cash invested shows 36.54% in year one, and 5% annual appreciation builds toward $140,876 over five years. Five-year ROI reaches 192.58% and total cumulative return in cash records $323,060. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,688/mo property income covering a $2,496/mo payment rather than investor’s personal income.
Single Family
Built in 2016
5,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33168, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,814 (100%) |
| Owner Occupied HU | 4,925 (72.3%) |
| Renter Occupied HU | 1,650 (24.2%) |
| Vacant Housing Units | 239 ( 3.5%) |
| Median Home Value | $436,278 |
| Average Home Value | $542,764 |
Housing Distribution
Address Breakdown
Residential
6,691
Single Family
6,606
Multi-Family
85
Businesses
746
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Listed by: Ronald Henry • Premier Realty & Invest. Group
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11474916
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.