2401 SW 83rd AveMiamiFL33155
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 2401 SW 83rd Ave, Miami, FL, 33155 in Miami at $800,000, 3.23% gross yield, is a market-growth asset. Rental yield 3.23%. The $2,155/mo rent partially funds the $3,597/mo debt service; the core return is the 5%/yr price growth projected to add $221,025 over five years. Ziffy Mortgage's DSCR mortgage (0.60) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $101,959.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.2% | 5.8% |
| Monthly Cash Flow | $(3,154) | $1,850 |
City averages based on Miami market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,155 |
| Total Monthly Debt Service | $4,991 |
| DSCR Ratio | 0.43x |
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.
Single Family
Built in 1954
9,371 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33155, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,986 (100%) |
| Owner Occupied HU | 10,768 (63.4%) |
| Renter Occupied HU | 5,559 (32.7%) |
| Vacant Housing Units | 659 ( 3.9%) |
| Median Home Value | $591,110 |
| Average Home Value | $667,336 |
Housing Distribution
Address Breakdown
Residential
16,357
Single Family
13,251
Multi-Family
3,106
Businesses
2,597
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 1954
9,371 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33155, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,986 (100%) |
| Owner Occupied HU | 10,768 (63.4%) |
| Renter Occupied HU | 5,559 (32.7%) |
| Vacant Housing Units | 659 ( 3.9%) |
| Median Home Value | $591,110 |
| Average Home Value | $667,336 |
Housing Distribution
Address Breakdown
Residential
16,357
Single Family
13,251
Multi-Family
3,106
Businesses
2,597
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices