1649 SW 11th TerMiamiFL33135
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 1649 SW 11th Ter, Miami, FL, 33135 in Miami. Rental yield 3.91%. At $899,000 with 3.91% gross yield, current distributions are modest, but the 5% appreciation rate projects $248,377 in new equity by year five, complemented by $8,280/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.72) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $147,128.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.9% | 5.8% |
| Monthly Cash Flow | $(3,039) | $1,850 |
City averages based on Miami market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,927 |
| Total Monthly Debt Service | $5,608 |
| DSCR Ratio | 0.52x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1923
5,900 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33135, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,086 (100%) |
| Owner Occupied HU | 3,113 (19.4%) |
| Renter Occupied HU | 12,228 (76.0%) |
| Vacant Housing Units | 745 ( 4.6%) |
| Median Home Value | $498,278 |
| Average Home Value | $586,356 |
Housing Distribution
Address Breakdown
Residential
14,368
Single Family
5,971
Multi-Family
8,397
Businesses
1,613
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 1923
5,900 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33135, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,086 (100%) |
| Owner Occupied HU | 3,113 (19.4%) |
| Renter Occupied HU | 12,228 (76.0%) |
| Vacant Housing Units | 745 ( 4.6%) |
| Median Home Value | $498,278 |
| Average Home Value | $586,356 |
Housing Distribution
Address Breakdown
Residential
14,368
Single Family
5,971
Multi-Family
8,397
Businesses
1,613
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices