881 West DrOpa LockaFL33054
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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 Opa Locka at 881 West Dr, Opa Locka, FL, 33054 earns $1,174/mo cash flow from $4,920/mo rent with a $2,447/mo payment. Total monthly income totals $4,920/mo, and annual cash flow totals $14,086/yr on $165,750 capital. ROI tracks 28.41% on current figures, and rental yield reads 11.81% at a $499,999 purchase. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,141 over five years. Five-year ROI reaches 150.12% and total cumulative return in cash sums $248,815. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,920/mo property income instead of your personal income.
Multi Family
Built in 1955
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33054, Opa Locka, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,525 (100%) |
| Owner Occupied HU | 4,805 (45.7%) |
| Renter Occupied HU | 5,222 (49.6%) |
| Vacant Housing Units | 498 ( 4.7%) |
| Median Home Value | $378,458 |
| Average Home Value | $446,261 |
Housing Distribution
Address Breakdown
Residential
9,832
Single Family
8,196
Multi-Family
1,636
Businesses
2,072
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Listed by: Eddie Brown • Iconic Realty and Associates
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11728029
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.