9970 SW 88th St #922-9MiamiFL33176
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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 9970 SW 88th St #922-9, Miami, FL, 33176 generates $2,618/mo in rent and, after a $1,566/mo payment, leaves $70/mo in cash flow. Total monthly income is $2,618/mo, and annual cash flow is $836/yr on $106,080 invested. Return on cash invested sits at 20.7% in year one, and rental yield is 9.82% on a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 109.4% and total cumulative return in cash sums $116,055. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,618/mo property income rather than buyer’s personal income.
Condo
Built in 1968
N/A lot
$N/A/sqft
$425 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33176, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,588 (100%) |
| Owner Occupied HU | 12,744 (68.6%) |
| Renter Occupied HU | 5,081 (27.3%) |
| Vacant Housing Units | 763 ( 4.1%) |
| Median Home Value | $656,787 |
| Average Home Value | $712,741 |
Housing Distribution
Address Breakdown
Residential
19,637
Single Family
15,040
Multi-Family
4,597
Businesses
1,561
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Listed by: Daniel Rivero • Miami Premier Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11618726
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.