16520 SW 80th AvePalmetto BayFL33157
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 16520 SW 80th Ave, Palmetto Bay, FL, 33157 in Palmetto Bay speaks for itself: 10.2% gross on a $1,290,000 price, generating $10,963/mo in rent and $2,199/mo in net income after the $5,801/mo debt service. DSCR 1.89, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $26,392 stacks alongside $356,403 in projected five-year appreciation and $11,881/yr in principal reduction. Projected total cumulative return: $634,070.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 5.2% |
| Monthly Cash Flow | $2,199 | $300 |
City averages based on Palmetto Bay market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $10,963 |
| Total Monthly Debt Service | $8,251 |
| DSCR Ratio | 1.33x |
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 1970
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33157, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,092 (100%) |
| Owner Occupied HU | 15,135 (62.8%) |
| Renter Occupied HU | 7,769 (32.2%) |
| Vacant Housing Units | 1,188 ( 4.9%) |
| Median Home Value | $556,743 |
| Average Home Value | $620,214 |
Housing Distribution
Address Breakdown
Residential
24,073
Single Family
19,662
Multi-Family
4,411
Businesses
2,254
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 1970
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33157, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,092 (100%) |
| Owner Occupied HU | 15,135 (62.8%) |
| Renter Occupied HU | 7,769 (32.2%) |
| Vacant Housing Units | 1,188 ( 4.9%) |
| Median Home Value | $556,743 |
| Average Home Value | $620,214 |
Housing Distribution
Address Breakdown
Residential
24,073
Single Family
19,662
Multi-Family
4,411
Businesses
2,254
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices