88 SW 7th St APT 3209MiamiFL33130
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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 Miami at 88 SW 7th St APT 3209, Miami, FL, 33130 generates $9,649/mo in rent, after a $5,379/mo payment. Total monthly income is $9,649/mo. Return on cash invested sits at 19.94% in year one, and rental yield is 10.54% on a $1,099,000 entry. Equity gained on principal adds $7,092/yr, while 5% annual appreciation builds toward $303,633 over five years. Five-year ROI reaches 106.55% and total cumulative return in cash sums $379,386. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $9,649/mo property income rather than buyer’s personal income.
Condo
Built in 2016
N/A lot
$N/A/sqft
$1,839 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33130, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,653 (100%) |
| Owner Occupied HU | 4,176 (19.3%) |
| Renter Occupied HU | 15,484 (71.5%) |
| Vacant Housing Units | 1,993 ( 9.2%) |
| Median Home Value | $526,147 |
| Average Home Value | $612,036 |
Housing Distribution
Address Breakdown
Residential
19,316
Single Family
1,927
Multi-Family
17,389
Businesses
1,387
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Listed by: Jorge Llano • Dezer Platinum Realty LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11606718
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.