16313 SW 66th StMiamiFL33193
INVESTMENT ANALYSIS
Investment Verdict
Solid Income16313 SW 66th St, Miami, FL, 33193 in Miami carries a 1.58 coverage ratio, rent of $5,456/mo is 1.58 times the $3,462/mo payment. Rental yield 8.5%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $770,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $212,737; total projected cumulative return: $287,264.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 5.8% |
| Monthly Cash Flow | $(128) | $1,850 |
City averages based on Miami market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,456 |
| Total Monthly Debt Service | $5,279 |
| DSCR Ratio | 1.03x |
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 2001
8,243 sqft lot
$N/A/sqft
$480 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33193, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,215 (100%) |
| Owner Occupied HU | 9,297 (61.1%) |
| Renter Occupied HU | 5,546 (36.5%) |
| Vacant Housing Units | 372 ( 2.4%) |
| Median Home Value | $485,162 |
| Average Home Value | $511,895 |
Housing Distribution
Address Breakdown
Residential
15,473
Single Family
10,820
Multi-Family
4,653
Businesses
177
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 2001
8,243 sqft lot
$N/A/sqft
$480 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33193, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,215 (100%) |
| Owner Occupied HU | 9,297 (61.1%) |
| Renter Occupied HU | 5,546 (36.5%) |
| Vacant Housing Units | 372 ( 2.4%) |
| Median Home Value | $485,162 |
| Average Home Value | $511,895 |
Housing Distribution
Address Breakdown
Residential
15,473
Single Family
10,820
Multi-Family
4,653
Businesses
177
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robert Salmons • Entera Realty LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11820426
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.