8888 SW 131st Ct APT 308MiamiFL33186
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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 Miami at 8888 SW 131st Ct APT 308, Miami, FL, 33186 uses $102,765 cash to close to unlock $3,336/yr annual cash flow and $278/mo monthly cash flow. Total monthly income runs $2,832/mo, and a $1,517/mo payment keeps the spread at $278/mo. Purchase price stands at $310,000, and rental yield measures 10.96% with $2,832/mo rent. Return on cash invested shows 23.16% in year one, and 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 122.93% and total cumulative return in cash records $126,331. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,832/mo property income covering a $1,517/mo payment rather than investor’s personal income.
Condo
Built in 1988
N/A lot
$N/A/sqft
$417 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33186, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,605 (100%) |
| Owner Occupied HU | 16,522 (67.1%) |
| Renter Occupied HU | 7,348 (29.9%) |
| Vacant Housing Units | 735 ( 3.0%) |
| Median Home Value | $505,053 |
| Average Home Value | $567,931 |
Housing Distribution
Address Breakdown
Residential
25,085
Single Family
19,902
Multi-Family
5,183
Businesses
4,623
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Listed by: Nikki Zarazun • South Florida Brokers & Assoc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11883708
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.