8411 NW 8th St UNIT 207MiamiFL33126
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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
Total monthly income runs $1,486/mo, and a $915/mo payment. Purchase price stands at $186,900, and rental yield measures 9.54% with $1,486/mo rent. Return on cash invested shows 17.74% in year one, and 5% annual appreciation builds toward $51,637 over five years. Five-year ROI reaches 94.3% and total cumulative return in cash records $58,427. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,486/mo property income covering a $915/mo payment rather than investor’s personal income.
Condo
Built in 1977
N/A lot
$N/A/sqft
$287 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33126, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,690 (100%) |
| Owner Occupied HU | 7,111 (34.4%) |
| Renter Occupied HU | 12,678 (61.3%) |
| Vacant Housing Units | 901 ( 4.4%) |
| Median Home Value | $408,871 |
| Average Home Value | $452,290 |
Housing Distribution
Address Breakdown
Residential
18,089
Single Family
8,505
Multi-Family
9,584
Businesses
2,469
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Listed by: Emily Odak • Better Homes & Gdns RE Fla 1st
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10470224
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.