113 NW 105th StMiami ShoresFL33150
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 113 NW 105th St, Miami Shores, FL, 33150 in Miami Shores deserves attention. This $1,399,000 property earns $12,224/mo in rent, a 10.49% gross yield, and nets $2,916/mo after the $6,291/mo payment. DSCR 1.94 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $386,518 compounds alongside $12,885/yr in yearly equity build, for a total cumulative return of $720,887.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 5.0% |
| Monthly Cash Flow | $2,916 | $1,500 |
City averages based on Miami Shores market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $12,224 |
| Total Monthly Debt Service | $8,752 |
| DSCR Ratio | 1.40x |
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 1948
9,150 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33150, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,890 (100%) |
| Owner Occupied HU | 3,924 (36.0%) |
| Renter Occupied HU | 6,319 (58.0%) |
| Vacant Housing Units | 647 ( 5.9%) |
| Median Home Value | $475,794 |
| Average Home Value | $554,221 |
Housing Distribution
Address Breakdown
Residential
9,963
Single Family
7,582
Multi-Family
2,381
Businesses
761
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 1948
9,150 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33150, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,890 (100%) |
| Owner Occupied HU | 3,924 (36.0%) |
| Renter Occupied HU | 6,319 (58.0%) |
| Vacant Housing Units | 647 ( 5.9%) |
| Median Home Value | $475,794 |
| Average Home Value | $554,221 |
Housing Distribution
Address Breakdown
Residential
9,963
Single Family
7,582
Multi-Family
2,381
Businesses
761
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices