17351 NW 7th Ave #1108Miami GardensFL33169
INVESTMENT ANALYSIS
Investment Verdict
Solid Income17351 NW 7th Ave #1108, Miami Gardens, FL, 33169 in Miami Gardens carries a 1.54 coverage ratio, rent of $1,971/mo is 1.54 times the $1,277/mo payment. Rental yield 8.07%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $284,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $78,464; total projected cumulative return: $86,526.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 6.0% |
| Monthly Cash Flow | $(429) | $250 |
City averages based on Miami Gardens market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,971 |
| Total Monthly Debt Service | $2,226 |
| DSCR Ratio | 0.89x |
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.
Townhouse
Built in 2007
N/A lot
$N/A/sqft
$310 monthly 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
$310 monthly 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: Miguel Quintero • Avanti Way Realty LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11813530
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.