870 SW 129th Pl APT 207MiamiFL33184
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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 870 SW 129th Pl APT 207, Miami, FL, 33184 offers a 14.79% rental yield on a $211,000 purchase with $2,600/mo rent. Total monthly income registers $2,600/mo, and a $1,033/mo payment leaves $869/mo available for distribution. Annual cash flow reaches $10,427/yr on $69,947 to close, and return on cash invested stands at 34.82% in year one. Equity gained on principal adds $1,362/yr while 5% annual appreciation supports $58,295 over five years. Portfolio math shows five-year ROI at 185.43% and total cumulative return in cash at $129,701. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,600/mo property income against a $1,033/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1974
N/A lot
$N/A/sqft
$259 monthly HOA
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Listed by: Elizabeth Morales • Bahia International Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11724007
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.