8600 SW 67th Ave #908PinecrestFL33156
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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 Pinecrest at 8600 SW 67th Ave #908, Pinecrest, FL, 33156 generates $1,793/mo in rent and, after a $1,233/mo payment, leaves $121/mo in cash flow. Total monthly income is $1,793/mo, and annual cash flow is $1,453/yr on $83,538 invested. Return on cash invested sits at 21.65% in year one, and rental yield is 8.54% on a $252,000 entry. Equity gained on principal adds $1,626/yr, while 5% annual appreciation builds toward $69,623 over five years. Five-year ROI reaches 112.82% and total cumulative return in cash sums $94,250. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,793/mo property income rather than buyer’s personal income.
Condo
Built in 1966
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33156, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,990 (100%) |
| Owner Occupied HU | 8,719 (62.3%) |
| Renter Occupied HU | 4,237 (30.3%) |
| Vacant Housing Units | 1,034 ( 7.4%) |
| Median Home Value | $1,042,504 |
| Average Home Value | $1,217,756 |
Housing Distribution
Address Breakdown
Residential
13,520
Single Family
8,962
Multi-Family
4,558
Businesses
1,518
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