918 Jefferson Ave APT 2Miami 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
Total monthly income runs $1,654/mo, and a $1,165/mo payment. Purchase price stands at $238,000, and rental yield measures 8.34% with $1,654/mo rent. Return on cash invested shows 12.21% in year one, and 5% annual appreciation builds toward $65,755 over five years. Five-year ROI reaches 65.35% and total cumulative return in cash records $51,562. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,654/mo property income covering a $1,165/mo payment rather than investor’s personal income.
Condo
Built in 2015
N/A lot
$N/A/sqft
$500 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: Valerio Spinaci • Opera REI Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11760046
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.