9430 Jamaica DrCutler BayFL33189
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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 Cutler Bay at 9430 Jamaica Dr, Cutler Bay, FL, 33189 priced at $699,000 converts $5,773/mo rent into $1,135/mo cash flow after a $3,421/mo obligation. Total monthly income equals $5,773/mo, and annual cash flow totals $13,615/yr on $229,971 invested. Return on cash invested prints 25.98% in year one, and rental yield reads 9.91% against a $699,000 entry. Equity gained on principal adds $4,511/yr, while 5% annual appreciation compiles into $193,121 by year five. Five-year ROI reaches 135.96% and total cumulative return in cash sums $312,674. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,773/mo property income covering a $3,421/mo payment, not borrower’s personal income.
Single Family
Built in 1955
9,090 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33189, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,800 (100%) |
| Owner Occupied HU | 5,592 (57.1%) |
| Renter Occupied HU | 3,940 (40.2%) |
| Vacant Housing Units | 268 ( 2.7%) |
| Median Home Value | $466,823 |
| Average Home Value | $556,060 |
Housing Distribution
Address Breakdown
Residential
9,346
Single Family
7,297
Multi-Family
2,049
Businesses
475
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Listed by: Wilson Duque • Elimar Realty Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11589821
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.