8960 NE 2nd AveEl PortalFL33138
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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
Total monthly income runs $6,833/mo, and a $6,118/mo payment. Purchase price stands at $1,250,000, and rental yield measures 6.56% with $6,833/mo rent. Return on cash invested shows 16.04% in year one, and 5% annual appreciation builds toward $345,352 over five years. Five-year ROI reaches 82.58% and total cumulative return in cash records $334,453. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,833/mo property income covering a $6,118/mo payment rather than investor’s personal income.
Multi Family
Built in 1968
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33138, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,187 (100%) |
| Owner Occupied HU | 6,036 (42.5%) |
| Renter Occupied HU | 6,547 (46.1%) |
| Vacant Housing Units | 1,604 (11.3%) |
| Median Home Value | $787,542 |
| Average Home Value | $876,524 |
Housing Distribution
Address Breakdown
Residential
12,785
Single Family
6,848
Multi-Family
5,937
Businesses
1,269
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Listed by: Susie Raduenz • Miami Connections Realty LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11690758
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.