8635 NW 8th St APT 104MiamiFL33126
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 8635 NW 8th St APT 104, Miami, FL, 33126 earns $666/mo cash flow from $2,306/mo rent with a $910/mo payment. Total monthly income totals $2,306/mo, and annual cash flow totals $7,992/yr on $61,659 capital. ROI tracks 32.87% on current figures, and rental yield reads 14.88% at a $186,000 purchase. Equity gained on principal adds $1,200/yr, and 5% annual appreciation supports $51,388 over five years. Five-year ROI reaches 175.88% and total cumulative return in cash sums $108,448. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,306/mo property income instead of your personal income.
Condo
Built in 1981
N/A lot
$N/A/sqft
$300 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33126, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,690 (100%) |
| Owner Occupied HU | 7,111 (34.4%) |
| Renter Occupied HU | 12,678 (61.3%) |
| Vacant Housing Units | 901 ( 4.4%) |
| Median Home Value | $408,871 |
| Average Home Value | $452,290 |
Housing Distribution
Address Breakdown
Residential
18,089
Single Family
8,505
Multi-Family
9,584
Businesses
2,469
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Raul Pino Jr • The Hype Real Estate Group Corp
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11817072
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.