8824 NW 161st TerMiami LakesFL33018
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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 Lakes at 8824 NW 161st Ter, Miami Lakes, FL, 33018 listed at $1,088,900 pairs $5,776/mo rent with a $5,330/mo payment. Total monthly income runs $5,776/mo. Return on cash invested measures 15.44% in year one, and rental yield registers 6.37% at a $1,088,900 basis. Equity gained on principal adds $7,027/yr, and annual property appreciation at 5% supports $300,843 by year five. Five-year ROI tracks 79.36% and total cumulative return in cash totals $279,987. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,776/mo property income relative to a $5,330/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2020
5,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33018, Hialeah, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,368 (100%) |
| Owner Occupied HU | 13,103 (67.7%) |
| Renter Occupied HU | 5,725 (29.6%) |
| Vacant Housing Units | 540 ( 2.8%) |
| Median Home Value | $488,748 |
| Average Home Value | $545,280 |
Housing Distribution
Address Breakdown
Residential
18,558
Single Family
17,197
Multi-Family
1,361
Businesses
1,602
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Listed by: David Barcala Lurgi • Brokernation Real Estate Doral
Mls Name: MIAMI
Mls ID: #A11904341