2304 NW 99th TerMiamiFL33147
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 2304 NW 99th Ter, Miami, FL, 33147 in Miami: $3,215/mo in rent, $560/mo in net income, 9.64% gross yield, 1.79 DSCR, all at $400,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $110,513 in appreciation and $3,684/yr in principal paydown projects total cumulative return of $188,542.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 5.8% |
| Monthly Cash Flow | $560 | $1,850 |
City averages based on Miami market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,215 |
| Total Monthly Debt Service | $2,495 |
| DSCR Ratio | 1.29x |
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 1946
8,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33147, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,194 (100%) |
| Owner Occupied HU | 8,004 (46.6%) |
| Renter Occupied HU | 7,965 (46.3%) |
| Vacant Housing Units | 1,225 ( 7.1%) |
| Median Home Value | $361,375 |
| Average Home Value | $439,784 |
Housing Distribution
Address Breakdown
Residential
15,644
Single Family
13,675
Multi-Family
1,969
Businesses
1,174
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 1946
8,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33147, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,194 (100%) |
| Owner Occupied HU | 8,004 (46.6%) |
| Renter Occupied HU | 7,965 (46.3%) |
| Vacant Housing Units | 1,225 ( 7.1%) |
| Median Home Value | $361,375 |
| Average Home Value | $439,784 |
Housing Distribution
Address Breakdown
Residential
15,644
Single Family
13,675
Multi-Family
1,969
Businesses
1,174
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices