8340 SW 154th TerPalmetto 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
Rental property for sale in Palmetto Bay at 8340 SW 154th Ter, Palmetto Bay, FL, 33157 generates $6,541/mo in rent and, after a $3,891/mo payment, leaves $890/mo in cash flow. Total monthly income is $6,541/mo, and annual cash flow is $10,685/yr on $261,555 invested. Return on cash invested sits at 24.15% in year one, and rental yield is 9.87% on a $795,000 entry. Equity gained on principal adds $5,130/yr, while 5% annual appreciation builds toward $219,644 over five years. Five-year ROI reaches 126.75% and total cumulative return in cash sums $331,510. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,541/mo property income rather than buyer’s personal income.
Single Family
Built in 1957
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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Listed by: Jillian Alonge • EXP Realty LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11858404
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.