1800 SW 3rd StMiamiFL33135
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 1800 SW 3rd St, Miami, FL, 33135 in Miami is capital appreciation. Rental yield 2.74%. The 2.74% gross yield at $1,040,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $287,333 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.51) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $105,049.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.7% | 5.8% |
| Monthly Cash Flow | $(4,528) | $1,850 |
City averages based on Miami market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,374 |
| Total Monthly Debt Service | $6,488 |
| DSCR Ratio | 0.37x |
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.
Multi Family
Built in 1922
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33135, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,086 (100%) |
| Owner Occupied HU | 3,113 (19.4%) |
| Renter Occupied HU | 12,228 (76.0%) |
| Vacant Housing Units | 745 ( 4.6%) |
| Median Home Value | $498,278 |
| Average Home Value | $586,356 |
Housing Distribution
Address Breakdown
Residential
14,368
Single Family
5,971
Multi-Family
8,397
Businesses
1,613
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
Multi Family
Built in 1922
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33135, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,086 (100%) |
| Owner Occupied HU | 3,113 (19.4%) |
| Renter Occupied HU | 12,228 (76.0%) |
| Vacant Housing Units | 745 ( 4.6%) |
| Median Home Value | $498,278 |
| Average Home Value | $586,356 |
Housing Distribution
Address Breakdown
Residential
14,368
Single Family
5,971
Multi-Family
8,397
Businesses
1,613
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ambarina Pernia Montero • Real Estate Sales Force
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11566432
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.