1300 SW 122nd Ave #119B-2MiamiFL33184
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 1300 SW 122nd Ave #119B-2, Miami, FL, 33184 in Miami deserves attention. This $345,000 property earns $4,024/mo in rent, a 14% gross yield, and nets $1,339/mo after the $1,551/mo payment. DSCR 2.59 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $95,317 compounds alongside $3,177/yr in yearly equity build, for a total cumulative return of $219,477.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14% | 5.8% |
| Monthly Cash Flow | $1,339 | $1,850 |
City averages based on Miami market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,024 |
| Total Monthly Debt Service | $2,547 |
| DSCR Ratio | 1.58x |
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 1984
N/A lot
$N/A/sqft
$395 monthly HOA
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 1984
N/A lot
$N/A/sqft
$395 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices