8345 SW 143rd StPalmetto BayFL33158
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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 8345 SW 143rd St, Palmetto Bay, FL, 33158 listed at $1,095,000 pairs $8,114/mo rent with a $5,359/mo payment to leave $848/mo cash flow. Total monthly income runs $8,114/mo, and annual cash flow reaches $10,174/yr on $354,780 cash to close. Return on cash invested measures 23.24% in year one, and rental yield registers 8.89% at a $1,095,000 basis. Equity gained on principal adds $7,066/yr, and annual property appreciation at 5% supports $302,528 by year five. Five-year ROI tracks 121.19% and total cumulative return in cash totals $429,958. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $8,114/mo property income relative to a $5,359/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1968
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33158, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,416 (100%) |
| Owner Occupied HU | 2,139 (88.5%) |
| Renter Occupied HU | 186 ( 7.7%) |
| Vacant Housing Units | 91 ( 3.8%) |
| Median Home Value | $894,301 |
| Average Home Value | $1,006,211 |
Housing Distribution
Address Breakdown
Residential
2,280
Single Family
2,056
Multi-Family
224
Businesses
19
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Listed by: Jose Peyrellade • MVG Real Estate Services, LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11799494
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.