12642 NW 7th Ln #12642MiamiFL33182
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 8.09% yield at 12642 NW 7th Ln #12642, Miami, FL, 33182 in Miami is solid, but the $3,040/mo payment compresses net cash flow to $38/mo at $676,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $186,766 by year five, and $6,226/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.50) without U.S. income documentation. Total projected return: $260,249.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 5.8% |
| Monthly Cash Flow | $38 | $1,850 |
City averages based on Miami market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,560 |
| Total Monthly Debt Service | $4,253 |
| DSCR Ratio | 1.07x |
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.
Townhouse
Built in 1993
N/A lot
$N/A/sqft
$36 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33182, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,934 (100%) |
| Owner Occupied HU | 3,325 (84.5%) |
| Renter Occupied HU | 561 (14.3%) |
| Vacant Housing Units | 48 ( 1.2%) |
| Median Home Value | $566,153 |
| Average Home Value | $613,636 |
Housing Distribution
Address Breakdown
Residential
4,065
Single Family
4,065
Multi-Family
0
Businesses
212
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
Townhouse
Built in 1993
N/A lot
$N/A/sqft
$36 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33182, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,934 (100%) |
| Owner Occupied HU | 3,325 (84.5%) |
| Renter Occupied HU | 561 (14.3%) |
| Vacant Housing Units | 48 ( 1.2%) |
| Median Home Value | $566,153 |
| Average Home Value | $613,636 |
Housing Distribution
Address Breakdown
Residential
4,065
Single Family
4,065
Multi-Family
0
Businesses
212
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Danya Chanouha • Coldwell Banker Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11724812
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.