8600 SW 109th Ave #4-107MiamiFL33173
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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 8600 SW 109th Ave #4-107, Miami, FL, 33173 listed at $220,000 pairs $1,492/mo rent with a $1,077/mo payment. Total monthly income runs $1,492/mo. Return on cash invested measures 10.35% in year one, and rental yield registers 8.14% at a $220,000 basis. Equity gained on principal adds $1,420/yr, and annual property appreciation at 5% supports $60,782 by year five. Five-year ROI tracks 55.79% and total cumulative return in cash totals $40,691. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,492/mo property income relative to a $1,077/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1969
N/A lot
$N/A/sqft
$613 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33173, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,465 (100%) |
| Owner Occupied HU | 8,950 (61.9%) |
| Renter Occupied HU | 5,005 (34.6%) |
| Vacant Housing Units | 510 ( 3.5%) |
| Median Home Value | $505,237 |
| Average Home Value | $589,121 |
Housing Distribution
Address Breakdown
Residential
12,420
Single Family
9,415
Multi-Family
3,005
Businesses
939
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Listed by: Beryl Van Wyck • Ilene Eber, Inc.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11816525
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.