850 N Miami Ave #W-1503MiamiFL33136
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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 at 850 N Miami Ave #W-1503, Miami, FL, 33136 earns $822/mo cash flow from $2,872/mo rent with a $1,512/mo payment. Total monthly income totals $2,872/mo, and annual cash flow totals $9,862/yr on $102,434 capital. ROI tracks 29.54% on current figures, and rental yield reads 11.15% at a $309,000 purchase. Equity gained on principal adds $1,994/yr, and 5% annual appreciation supports $85,371 over five years. Five-year ROI reaches 155.06% and total cumulative return in cash sums $158,837. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,872/mo property income instead of your personal income.
Condo
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33136, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,665 (100%) |
| Owner Occupied HU | 889 (10.3%) |
| Renter Occupied HU | 6,525 (75.3%) |
| Vacant Housing Units | 1,251 (14.4%) |
| Median Home Value | $379,282 |
| Average Home Value | $523,324 |
Housing Distribution
Address Breakdown
Residential
8,328
Single Family
1,182
Multi-Family
7,146
Businesses
526
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