851 Bluebird AveMiami SpringsFL33166
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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 Miami Springs at 851 Bluebird Ave, Miami Springs, FL, 33166 priced at $840,000 converts $5,760/mo rent into $186/mo cash flow after a $4,111/mo obligation. Total monthly income equals $5,760/mo, and annual cash flow totals $2,232/yr on $276,360 invested. Return on cash invested prints 20.87% in year one, and rental yield reads 8.23% against a $840,000 entry. Equity gained on principal adds $5,420/yr, while 5% annual appreciation compiles into $232,077 by year five. Five-year ROI reaches 108.53% and total cumulative return in cash sums $299,942. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,760/mo property income covering a $4,111/mo payment, not borrower’s personal income.
Single Family
Built in 1958
8,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33166, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,754 (100%) |
| Owner Occupied HU | 5,737 (45.0%) |
| Renter Occupied HU | 5,956 (46.7%) |
| Vacant Housing Units | 1,061 ( 8.3%) |
| Median Home Value | $562,113 |
| Average Home Value | $585,936 |
Housing Distribution
Address Breakdown
Residential
12,183
Single Family
6,624
Multi-Family
5,559
Businesses
6,559
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Listed by: Elissa Urquiaga • Real Estate Boutique of So Fla
Mls Name: MIAMI
Mls ID: #A11936026