846 Jefferson Ave APT 3Miami BeachFL33139
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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 Beach at 846 Jefferson Ave APT 3, Miami Beach, FL, 33139 at $280,000 posts ROI 21.23% with $102/mo cash flow from $1,960/mo rent. Total monthly income equals $1,960/mo, and annual cash flow records $1,228/yr on $92,820 to close. Return on cash invested measures 21.23% and rental yield reads 8.4% at the current $280,000. Equity gained on principal adds $1,807/yr, and 5% annual appreciation supports $77,359 by year five. Five-year ROI prints 110.56% and total cumulative return in cash totals $102,621.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,960/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1935
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33139, Miami Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,073 (100%) |
| Owner Occupied HU | 8,020 (26.7%) |
| Renter Occupied HU | 13,441 (44.7%) |
| Vacant Housing Units | 8,612 (28.6%) |
| Median Home Value | $757,323 |
| Average Home Value | $1,011,532 |
Housing Distribution
Address Breakdown
Residential
27,623
Single Family
3,294
Multi-Family
24,329
Businesses
2,457
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Listed by: Anthony Lauria • Compass Florida, LLC.
Mls Name: MIAMI
Mls ID: #A11912301