1680 NW 122nd StNorth MiamiFL33167
INVESTMENT ANALYSIS
Investment Verdict
Solid Income1680 NW 122nd St, North Miami, FL, 33167 in North Miami is a solid income-producing rental, 8.58% gross yield, $4,002/mo rent, $286/mo net cash flow on a $560,000 buy. DSCR 1.59 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $154,718 and $5,158/yr in principal reduction project a total cumulative return of $231,829.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 6.5% |
| Monthly Cash Flow | $286 | $1,200 |
City averages based on North Miami market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,002 |
| Total Monthly Debt Service | $3,493 |
| DSCR Ratio | 1.15x |
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 1949
8,370 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33167, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,764 (100%) |
| Owner Occupied HU | 4,143 (61.3%) |
| Renter Occupied HU | 2,411 (35.6%) |
| Vacant Housing Units | 210 ( 3.1%) |
| Median Home Value | $424,346 |
| Average Home Value | $492,364 |
Housing Distribution
Address Breakdown
Residential
6,638
Single Family
5,513
Multi-Family
1,125
Businesses
298
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 1949
8,370 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33167, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,764 (100%) |
| Owner Occupied HU | 4,143 (61.3%) |
| Renter Occupied HU | 2,411 (35.6%) |
| Vacant Housing Units | 210 ( 3.1%) |
| Median Home Value | $424,346 |
| Average Home Value | $492,364 |
Housing Distribution
Address Breakdown
Residential
6,638
Single Family
5,513
Multi-Family
1,125
Businesses
298
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MIAMI
Mls ID: #A11989209