8995 SW 213th StCutler BayFL33189
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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 8995 SW 213th St, Cutler Bay, FL, 33189 offers a 9.32% rental yield on a $600,000 purchase with $4,658/mo rent. Total monthly income registers $4,658/mo, and a $2,937/mo payment leaves $379/mo available for distribution. Annual cash flow reaches $4,549/yr on $197,400 to close, and return on cash invested stands at 22.36% in year one. Equity gained on principal adds $3,872/yr while 5% annual appreciation supports $165,769 over five years. Portfolio math shows five-year ROI at 117.24% and total cumulative return in cash at $231,432. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,658/mo property income against a $2,937/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
6,666 sqft lot
$N/A/sqft
$1,289 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33189, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,800 (100%) |
| Owner Occupied HU | 5,592 (57.1%) |
| Renter Occupied HU | 3,940 (40.2%) |
| Vacant Housing Units | 268 ( 2.7%) |
| Median Home Value | $466,823 |
| Average Home Value | $556,060 |
Housing Distribution
Address Breakdown
Residential
9,346
Single Family
7,297
Multi-Family
2,049
Businesses
475
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Listed by: Robert Salmons • Entera Realty LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11823671
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.