9972 SW 88th St #1125MiamiFL33176
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 9972 SW 88th St #1125, Miami, FL, 33176 offers a 11.51% rental yield on a $230,000 purchase with $2,206/mo rent. Total monthly income registers $2,206/mo, and a $1,126/mo payment leaves $679/mo available for distribution. Annual cash flow reaches $8,153/yr on $76,245 to close, and return on cash invested stands at 30.6% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,545 over five years. Portfolio math shows five-year ROI at 160.8% and total cumulative return in cash at $122,599. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,206/mo property income against a $1,126/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1968
N/A lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices