90 Alton Rd APT 403Miami BeachFL33139
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Beach at 90 Alton Rd APT 403, Miami Beach, FL, 33139 earns $794/mo cash flow from $10,654/mo rent with a $6,118/mo payment. Total monthly income totals $10,654/mo, and annual cash flow totals $9,527/yr on $405,000 capital. ROI tracks 22.72% on current figures, and rental yield reads 10.23% at a $1,250,000 purchase. Equity gained on principal adds $8,066/yr, and 5% annual appreciation supports $345,352 over five years. Five-year ROI reaches 120.11% and total cumulative return in cash sums $486,433. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $10,654/mo property income instead of your personal income.
Condo
Built in 1999
N/A lot
$N/A/sqft
$1,565 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33139, Miami Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,073 (100%) |
| Owner Occupied HU | 8,020 (26.7%) |
| Renter Occupied HU | 13,441 (44.7%) |
| Vacant Housing Units | 8,612 (28.6%) |
| Median Home Value | $757,323 |
| Average Home Value | $1,011,532 |
Housing Distribution
Address Breakdown
Residential
27,623
Single Family
3,294
Multi-Family
24,329
Businesses
2,457
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Patricia Diaz • Florida Real Estate Connection LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11608522
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.