8930 SW 197th TerCutler BayFL33157
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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 Cutler Bay at 8930 SW 197th Ter, Cutler Bay, FL, 33157 uses $187,201 cash to close to unlock $8,976/yr annual cash flow and $748/mo monthly cash flow. Total monthly income runs $4,524/mo, and a $2,785/mo payment keeps the spread at $748/mo. Purchase price stands at $569,000, and rental yield measures 9.54% with $4,524/mo rent. Return on cash invested shows 24.86% in year one, and 5% annual appreciation builds toward $157,204 over five years. Five-year ROI reaches 129.91% and total cumulative return in cash records $243,191. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,524/mo property income covering a $2,785/mo payment rather than investor’s personal income.
Single Family
Built in 1960
9,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33157, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,092 (100%) |
| Owner Occupied HU | 15,135 (62.8%) |
| Renter Occupied HU | 7,769 (32.2%) |
| Vacant Housing Units | 1,188 ( 4.9%) |
| Median Home Value | $556,743 |
| Average Home Value | $620,214 |
Housing Distribution
Address Breakdown
Residential
24,073
Single Family
19,662
Multi-Family
4,411
Businesses
2,254
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Listed by: Delianes Garcia • Florida New Dream Corp.
Mls Name: MIAMI
Mls ID: #A11947461