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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 21211 NE 2nd Ave, Miami, FL, 33179 uses $160,778 cash to close to unlock $16,467/yr annual cash flow and $1,372/mo monthly cash flow. Total monthly income runs $4,591/mo, and a $2,374/mo payment keeps the spread at $1,372/mo. Purchase price stands at $485,000, and rental yield measures 11.36% with $4,591/mo rent. Return on cash invested shows 30.15% in year one, and 5% annual appreciation builds toward $133,997 over five years. Five-year ROI reaches 158.37% and total cumulative return in cash records $254,618. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,591/mo property income covering a $2,374/mo payment rather than investor’s personal income.
Single Family
Built in 1968
7,500 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 33179, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,897 (100%) |
| Owner Occupied HU | 11,708 (56.0%) |
| Renter Occupied HU | 7,888 (37.7%) |
| Vacant Housing Units | 1,301 ( 6.2%) |
| Median Home Value | $417,762 |
| Average Home Value | $504,468 |
Housing Distribution
Address Breakdown
Residential
19,454
Single Family
9,651
Multi-Family
9,803
Businesses
873
Price History
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1968
- Architectural Style: N/A
- Building Area: N/A
- Living Area: N/A
- Property Condition: N/A
Features & Amenities
- Heating: N/A
- Cooling: N/A
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Attached Carport, Driveway
Location
- City: N/A
- Subdivision: N/A
- Lot Size: 7,500 sqft
- Lot Features: N/A
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: N/A
- Water Source: N/A
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Leroy Thompson • Motion Realty Group LLC
Mls Name: MIAMI
Mls ID: #A11909087