90 SW 3rd St #TH506MiamiFL33130
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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
Rental property for sale in Miami at 90 SW 3rd St #TH506, Miami, FL, 33130 generates $4,633/mo in rent, after a $3,064/mo payment. Total monthly income is $4,633/mo. Return on cash invested sits at -1.28% in year one, and rental yield is 8.88% on a $626,100 entry. Equity gained on principal adds $4,040/yr, while 5% annual appreciation builds toward $172,980 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,633/mo property income rather than buyer’s personal income.
Apartment
Built in 2008
N/A lot
$N/A/sqft
$3,777 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33130, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,653 (100%) |
| Owner Occupied HU | 4,176 (19.3%) |
| Renter Occupied HU | 15,484 (71.5%) |
| Vacant Housing Units | 1,993 ( 9.2%) |
| Median Home Value | $526,147 |
| Average Home Value | $612,036 |
Housing Distribution
Address Breakdown
Residential
19,316
Single Family
1,927
Multi-Family
17,389
Businesses
1,387
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