15512 Fisher Island DrMiami BeachFL33109



INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow15512 Fisher Island Dr, Miami Beach, FL, 33109 in Miami Beach is a top-tier cash-flow asset. At $1,900,000 it produces $24,000/mo in rent and $6,943/mo in net monthly income, a 15.16% gross rental yield. The DSCR of 2.81 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $83,315. Five-year appreciation adds $524,935, driving a total cumulative return of $1,190,238.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15.2% | 5.2% |
| Monthly Cash Flow | $6,943 | $2,100 |
City averages based on Miami Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $24,000 |
| Total Monthly Debt Service | $16,301 |
| DSCR Ratio | 1.47x |
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 1988
N/A lot
$N/A/sqft
$13,345 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33109, Miami Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 956 (100%) |
| Owner Occupied HU | 289 (30.2%) |
| Renter Occupied HU | 18 ( 1.9%) |
| Vacant Housing Units | 649 (67.9%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,974,913 |
Housing Distribution
Address Breakdown
Residential
751
Single Family
0
Multi-Family
751
Businesses
25



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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 1988
N/A lot
$N/A/sqft
$13,345 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33109, Miami Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 956 (100%) |
| Owner Occupied HU | 289 (30.2%) |
| Renter Occupied HU | 18 ( 1.9%) |
| Vacant Housing Units | 649 (67.9%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,974,913 |
Housing Distribution
Address Breakdown
Residential
751
Single Family
0
Multi-Family
751
Businesses
25
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices











