9231 SW 87 Av #C7MiamiFL33176
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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 9231 SW 87 Av #C7, Miami, FL, 33176 generates $2,650/mo in rent and, after a $1,395/mo payment, leaves $759/mo in cash flow. Total monthly income is $2,650/mo, and annual cash flow is $9,104/yr on $94,477 invested. Return on cash invested sits at 29.54% in year one, and rental yield is 11.16% on a $284,999 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 155.12% and total cumulative return in cash sums $146,550. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,650/mo property income rather than buyer’s personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33176, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,588 (100%) |
| Owner Occupied HU | 12,744 (68.6%) |
| Renter Occupied HU | 5,081 (27.3%) |
| Vacant Housing Units | 763 ( 4.1%) |
| Median Home Value | $656,787 |
| Average Home Value | $712,741 |
Housing Distribution
Address Breakdown
Residential
19,637
Single Family
15,040
Multi-Family
4,597
Businesses
1,561
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