941 NW 40th AveMiamiFL33126
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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 941 NW 40th Ave, Miami, FL, 33126 generates $4,657/mo in rent, after a $3,813/mo payment. Total monthly income is $4,657/mo. Return on cash invested sits at 17.66% in year one, and rental yield is 7.17% on a $779,000 entry. Equity gained on principal adds $5,027/yr, while 5% annual appreciation builds toward $215,223 over five years. Five-year ROI reaches 91.35% and total cumulative return in cash sums $234,110. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,657/mo property income rather than buyer’s personal income.
Single Family
Built in 1948
8,700 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33126, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,690 (100%) |
| Owner Occupied HU | 7,111 (34.4%) |
| Renter Occupied HU | 12,678 (61.3%) |
| Vacant Housing Units | 901 ( 4.4%) |
| Median Home Value | $408,871 |
| Average Home Value | $452,290 |
Housing Distribution
Address Breakdown
Residential
18,089
Single Family
8,505
Multi-Family
9,584
Businesses
2,469
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