8888 Collins Ave APT 207SurfsideFL33154
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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 Surfside at 8888 Collins Ave APT 207, Surfside, FL, 33154 generates $4,310/mo in rent, after a $2,741/mo payment. Total monthly income is $4,310/mo. Return on cash invested sits at 18.22% in year one, and rental yield is 9.24% on a $560,000 entry. Equity gained on principal adds $3,614/yr, while 5% annual appreciation builds toward $154,718 over five years. Five-year ROI reaches 96.46% and total cumulative return in cash sums $177,713. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,310/mo property income rather than buyer’s personal income.
Condo
Built in 2000
N/A lot
$N/A/sqft
$758 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33154, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,688 (100%) |
| Owner Occupied HU | 4,150 (38.8%) |
| Renter Occupied HU | 2,441 (22.8%) |
| Vacant Housing Units | 4,097 (38.3%) |
| Median Home Value | $828,922 |
| Average Home Value | $1,117,481 |
Housing Distribution
Address Breakdown
Residential
9,173
Single Family
1,772
Multi-Family
7,401
Businesses
763
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Listed by: Angel Del Guercio • Century 21 Capital Brokers
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11726792
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.