10350 SW 220th St APT 150MiamiFL33190
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 10350 SW 220th St APT 150, Miami, FL, 33190 in Miami. Priced at $215,000, it generates $3,790/mo in gross rent and $1,860/mo in net monthly cash flow, a 21.15% yield that comfortably supports the 3.92 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $22,318. Five-year appreciation: $59,401. Equity from principal paydown: $1,980/yr. Total projected cumulative return: $203,848.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 21.2% | 5.8% |
| Monthly Cash Flow | $1,860 | $1,850 |
City averages based on Miami market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,790 |
| Total Monthly Debt Service | $1,844 |
| DSCR Ratio | 2.06x |
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.
Condo
Built in 1974
N/A lot
$N/A/sqft
$503 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33190, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,214 (100%) |
| Owner Occupied HU | 3,053 (58.6%) |
| Renter Occupied HU | 2,032 (39.0%) |
| Vacant Housing Units | 129 ( 2.5%) |
| Median Home Value | $454,894 |
| Average Home Value | $482,663 |
Housing Distribution
Address Breakdown
Residential
5,476
Single Family
4,163
Multi-Family
1,313
Businesses
16
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
Condo
Built in 1974
N/A lot
$N/A/sqft
$503 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33190, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,214 (100%) |
| Owner Occupied HU | 3,053 (58.6%) |
| Renter Occupied HU | 2,032 (39.0%) |
| Vacant Housing Units | 129 ( 2.5%) |
| Median Home Value | $454,894 |
| Average Home Value | $482,663 |
Housing Distribution
Address Breakdown
Residential
5,476
Single Family
4,163
Multi-Family
1,313
Businesses
16
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices