995 SW 84th Ave APT 304MiamiFL33144
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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 Miami at 995 SW 84th Ave APT 304, Miami, FL, 33144 uses $106,080 cash to close to unlock $10,244/yr annual cash flow and $854/mo monthly cash flow. Total monthly income runs $2,977/mo, and a $1,566/mo payment keeps the spread at $854/mo. Purchase price stands at $320,000, and rental yield measures 11.16% with $2,977/mo rent. Return on cash invested shows 29.57% in year one, and 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 155.22% and total cumulative return in cash records $164,655. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,977/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33144, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,567 (100%) |
| Owner Occupied HU | 5,087 (53.2%) |
| Renter Occupied HU | 3,985 (41.7%) |
| Vacant Housing Units | 495 ( 5.2%) |
| Median Home Value | $505,191 |
| Average Home Value | $546,231 |
Housing Distribution
Address Breakdown
Residential
8,649
Single Family
6,523
Multi-Family
2,126
Businesses
1,823
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