8320 SW 162nd StPalmetto BayFL33157
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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 Palmetto Bay at 8320 SW 162nd St, Palmetto Bay, FL, 33157 earns $1,421/mo cash flow from $8,057/mo rent with a $4,895/mo payment. Total monthly income totals $8,057/mo, and annual cash flow totals $17,056/yr on $329,000 capital. ROI tracks 25.24% on current figures, and rental yield reads 9.67% at a $999,999 purchase. Equity gained on principal adds $6,453/yr, and 5% annual appreciation supports $276,281 over five years. Five-year ROI reaches 132.02% and total cumulative return in cash sums $434,331. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $8,057/mo property income instead of your personal income.
Single Family
Built in 1968
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33157, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,092 (100%) |
| Owner Occupied HU | 15,135 (62.8%) |
| Renter Occupied HU | 7,769 (32.2%) |
| Vacant Housing Units | 1,188 ( 4.9%) |
| Median Home Value | $556,743 |
| Average Home Value | $620,214 |
Housing Distribution
Address Breakdown
Residential
24,073
Single Family
19,662
Multi-Family
4,411
Businesses
2,254
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