950 NE 113th StBiscayne ParkFL33161
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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 Biscayne Park at 950 NE 113th St, Biscayne Park, FL, 33161 earns from $4,216/mo rent with a $5,359/mo payment. Total monthly income totals $4,216/mo. ROI tracks 10.05% on current figures, and rental yield reads 4.62% at a $1,095,000 purchase. Equity gained on principal adds $7,066/yr, and 5% annual appreciation supports $302,528 over five years. Five-year ROI reaches 50.49% and total cumulative return in cash sums $179,122. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,216/mo property income instead of your personal income.
Single Family
Built in 1949
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33161, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,055 (100%) |
| Owner Occupied HU | 7,835 (39.1%) |
| Renter Occupied HU | 10,594 (52.8%) |
| Vacant Housing Units | 1,626 ( 8.1%) |
| Median Home Value | $506,588 |
| Average Home Value | $542,699 |
Housing Distribution
Address Breakdown
Residential
17,553
Single Family
10,194
Multi-Family
7,359
Businesses
1,270
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Listed by: Richard Feldman • Miami Waterfront Realty
Mls Name: MIAMI
Mls ID: #A11907032