8999 SW 123rd Ct APT 107MiamiFL33186
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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 8999 SW 123rd Ct APT 107, Miami, FL, 33186 uses $105,086 cash to close to unlock $10,835/yr annual cash flow and $903/mo monthly cash flow. Total monthly income runs $3,007/mo, and a $1,552/mo payment keeps the spread at $903/mo. Purchase price stands at $317,000, and rental yield measures 11.38% with $3,007/mo rent. Return on cash invested shows 30.22% in year one, and 5% annual appreciation builds toward $87,581 over five years. Five-year ROI reaches 158.71% and total cumulative return in cash records $166,785. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,007/mo property income covering a $1,552/mo payment rather than investor’s personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
No 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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