870 SW 129th Pl APT 209MiamiFL33184
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 870 SW 129th Pl APT 209, Miami, FL, 33184 offers a 10.8% rental yield on a $220,000 purchase with $1,980/mo rent. Total monthly income registers $1,980/mo, and a $1,077/mo payment leaves $195/mo available for distribution. Annual cash flow reaches $2,341/yr on $72,930 to close, and return on cash invested stands at 23.12% in year one. Equity gained on principal adds $1,420/yr while 5% annual appreciation supports $60,782 over five years. Portfolio math shows five-year ROI at 122.63% and total cumulative return in cash at $89,435. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,980/mo property income against a $1,077/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
$260 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Georgina Serret • Homeside Realty Corp.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11860863
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.