8650 SW 212th St APT 101Cutler BayFL33189
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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 Cutler Bay at 8650 SW 212th St APT 101, Cutler Bay, FL, 33189 uses $99,447 cash to close to unlock $15,846/yr annual cash flow and $1,321/mo monthly cash flow. Total monthly income runs $3,808/mo, and a $1,468/mo payment keeps the spread at $1,321/mo. Purchase price stands at $299,990, and rental yield measures 15.23% with $3,808/mo rent. Return on cash invested shows 35.84% in year one, and 5% annual appreciation builds toward $82,882 over five years. Five-year ROI reaches 191.06% and total cumulative return in cash records $190,005. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,808/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Condo
Built in 1988
N/A lot
$N/A/sqft
$497 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33189, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,800 (100%) |
| Owner Occupied HU | 5,592 (57.1%) |
| Renter Occupied HU | 3,940 (40.2%) |
| Vacant Housing Units | 268 ( 2.7%) |
| Median Home Value | $466,823 |
| Average Home Value | $556,060 |
Housing Distribution
Address Breakdown
Residential
9,346
Single Family
7,297
Multi-Family
2,049
Businesses
475
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Listed by: Marcella Duque • Florida Capital Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11589437
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.