9901 E Bay Harbor Dr #803Bay Harbor IslandsFL33154
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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 Bay Harbor Islands at 9901 E Bay Harbor Dr #803, Bay Harbor Islands, FL, 33154 earns from $4,290/mo rent with a $5,873/mo payment. Total monthly income totals $4,290/mo. ROI tracks 9.03% on current figures, and rental yield reads 4.29% at a $1,200,000 purchase. Equity gained on principal adds $7,743/yr, and 5% annual appreciation supports $331,538 over five years. Five-year ROI reaches 45.02% and total cumulative return in cash sums $175,031. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,290/mo property income instead of your personal income.
Condo
Built in 2016
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33154, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,688 (100%) |
| Owner Occupied HU | 4,150 (38.8%) |
| Renter Occupied HU | 2,441 (22.8%) |
| Vacant Housing Units | 4,097 (38.3%) |
| Median Home Value | $828,922 |
| Average Home Value | $1,117,481 |
Housing Distribution
Address Breakdown
Residential
9,173
Single Family
1,772
Multi-Family
7,401
Businesses
763
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Listed by: Ana Gutierrez • One Sotheby's International Realty
Mls Name: MIAMI
Mls ID: #A11947081