1021 NW 3rd StMiamiFL33128
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeFinancing efficiency matters for international buyers, and 1021 NW 3rd St, Miami, FL, 33128 in Miami offers it: the 1.77 DSCR gives Ziffy Mortgage's underwriting team an unusually clean file, no U.S. credit, no personal income required. Rental yield 9.56%. Long-term, 5% appreciation is forecast to add $31,772, and $1,059/yr in principal paydown compounds equity steadily. Projected five-year cumulative return: $53,687.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 5.8% |
| Monthly Cash Flow | $(51) | $1,850 |
City averages based on Miami market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $916 |
| Total Monthly Debt Service | $717 |
| DSCR Ratio | 1.28x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1930
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33128, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,704 (100%) |
| Owner Occupied HU | 166 ( 3.5%) |
| Renter Occupied HU | 4,201 (89.3%) |
| Vacant Housing Units | 337 ( 7.2%) |
| Median Home Value | $407,547 |
| Average Home Value | $427,500 |
Housing Distribution
Address Breakdown
Residential
4,351
Single Family
697
Multi-Family
3,654
Businesses
402
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
Single Family
Built in 1930
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33128, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,704 (100%) |
| Owner Occupied HU | 166 ( 3.5%) |
| Renter Occupied HU | 4,201 (89.3%) |
| Vacant Housing Units | 337 ( 7.2%) |
| Median Home Value | $407,547 |
| Average Home Value | $427,500 |
Housing Distribution
Address Breakdown
Residential
4,351
Single Family
697
Multi-Family
3,654
Businesses
402
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices