92 SW 3rd St APT 3503MiamiFL33130
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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 92 SW 3rd St APT 3503, Miami, FL, 33130 uses $228,655 cash to close to unlock $9,282/yr annual cash flow and $774/mo monthly cash flow. Total monthly income runs $5,386/mo, and a $3,402/mo payment keeps the spread at $774/mo. Purchase price stands at $695,000, and rental yield measures 9.3% with $5,386/mo rent. Return on cash invested shows 24.12% in year one, and 5% annual appreciation builds toward $192,016 over five years. Five-year ROI reaches 125.99% and total cumulative return in cash records $288,090. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,386/mo property income covering a $3,402/mo payment rather than investor’s personal income.
Condo
Built in 2010
N/A lot
$N/A/sqft
No 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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