9101 E Bay Harbor Dr APT 404Bay Harbor IslandsFL33154
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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 Bay Harbor Islands at 9101 E Bay Harbor Dr APT 404, Bay Harbor Islands, FL, 33154 listed at $500,705 pairs $3,930/mo rent with a $2,451/mo payment to leave $390/mo cash flow. Total monthly income runs $3,930/mo, and annual cash flow reaches $4,685/yr on $164,732 cash to close. Return on cash invested measures 22.9% in year one, and rental yield registers 9.42% at a $500,705 basis. Equity gained on principal adds $3,231/yr, and annual property appreciation at 5% supports $138,336 by year five. Five-year ROI tracks 120.05% and total cumulative return in cash totals $197,761. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,930/mo property income relative to a $2,451/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1957
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33154, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,688 (100%) |
| Owner Occupied HU | 4,150 (38.8%) |
| Renter Occupied HU | 2,441 (22.8%) |
| Vacant Housing Units | 4,097 (38.3%) |
| Median Home Value | $828,922 |
| Average Home Value | $1,117,481 |
Housing Distribution
Address Breakdown
Residential
9,173
Single Family
1,772
Multi-Family
7,401
Businesses
763
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Listed by: N/A • N/A
Mls Name: Douglas Elliman
Mls Provider:
Mls ID: #F10451940