17339 NW 7th Ave #505Miami GardensFL33169
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 17339 NW 7th Ave #505, Miami Gardens, FL, 33169 in Miami Gardens hard to pass up. The 11.77% gross yield on a $297,999 purchase results in $2,922/mo in rent and $634/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.18). Annual cash flow of $7,613, five-year appreciation of $82,332, and $2,745/yr in equity build-up combine for a projected total cumulative return of $174,343.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.8% | 6.0% |
| Monthly Cash Flow | $634 | $250 |
City averages based on Miami Gardens market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,922 |
| Total Monthly Debt Service | $1,859 |
| DSCR Ratio | 1.57x |
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.
Townhouse
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33169, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,882 (100%) |
| Owner Occupied HU | 7,556 (50.8%) |
| Renter Occupied HU | 6,765 (45.5%) |
| Vacant Housing Units | 561 ( 3.8%) |
| Median Home Value | $413,015 |
| Average Home Value | $503,531 |
Housing Distribution
Address Breakdown
Residential
14,425
Single Family
10,219
Multi-Family
4,206
Businesses
1,437
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
Townhouse
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33169, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,882 (100%) |
| Owner Occupied HU | 7,556 (50.8%) |
| Renter Occupied HU | 6,765 (45.5%) |
| Vacant Housing Units | 561 ( 3.8%) |
| Median Home Value | $413,015 |
| Average Home Value | $503,531 |
Housing Distribution
Address Breakdown
Residential
14,425
Single Family
10,219
Multi-Family
4,206
Businesses
1,437
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alina Tabibi • The Keyes Company
Mls Name: MIAMI
Mls ID: #A11926750