1770 NE 191st St #1-700MiamiFL33179
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow1770 NE 191st St #1-700, Miami, FL, 33179 in Miami earns a respectable 11.59% gross yield at $229,990, but after the $1,034/mo mortgage the net cash flow is $17/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (2.15) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $63,542 over five years, making equity the dominant return driver. Total projected return: $91,723.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 5.8% |
| Monthly Cash Flow | $17 | $1,850 |
City averages based on Miami market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,221 |
| Total Monthly Debt Service | $2,113 |
| DSCR Ratio | 1.05x |
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.
Condo
Built in 1969
N/A lot
$N/A/sqft
$678 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33179, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,897 (100%) |
| Owner Occupied HU | 11,708 (56.0%) |
| Renter Occupied HU | 7,888 (37.7%) |
| Vacant Housing Units | 1,301 ( 6.2%) |
| Median Home Value | $417,762 |
| Average Home Value | $504,468 |
Housing Distribution
Address Breakdown
Residential
19,454
Single Family
9,651
Multi-Family
9,803
Businesses
873
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
Condo
Built in 1969
N/A lot
$N/A/sqft
$678 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33179, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,897 (100%) |
| Owner Occupied HU | 11,708 (56.0%) |
| Renter Occupied HU | 7,888 (37.7%) |
| Vacant Housing Units | 1,301 ( 6.2%) |
| Median Home Value | $417,762 |
| Average Home Value | $504,468 |
Housing Distribution
Address Breakdown
Residential
19,454
Single Family
9,651
Multi-Family
9,803
Businesses
873
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stanislav Goldberg • Gold Harbor Realty Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11726565
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.