2475 Brickell Ave APT 2002MiamiFL33129
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 2475 Brickell Ave APT 2002, Miami, FL, 33129 in Miami. At $702,700 it earns $5,814/mo in rent and distributes $1,135/mo to the owner after the $3,160/mo payment, a consistent 9.93% yield. DSCR 1.84 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $194,143 in value; $6,472/yr in principal paydown compounds ownership stake. Total projected return: $340,932.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.9% | 5.8% |
| Monthly Cash Flow | $1,135 | $1,850 |
City averages based on Miami market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,814 |
| Total Monthly Debt Service | $4,399 |
| DSCR Ratio | 1.32x |
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 2001
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33129, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,959 (100%) |
| Owner Occupied HU | 3,864 (48.5%) |
| Renter Occupied HU | 3,156 (39.7%) |
| Vacant Housing Units | 939 (11.8%) |
| Median Home Value | $731,163 |
| Average Home Value | $873,278 |
Housing Distribution
Address Breakdown
Residential
7,737
Single Family
1,778
Multi-Family
5,959
Businesses
312
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 2001
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33129, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,959 (100%) |
| Owner Occupied HU | 3,864 (48.5%) |
| Renter Occupied HU | 3,156 (39.7%) |
| Vacant Housing Units | 939 (11.8%) |
| Median Home Value | $731,163 |
| Average Home Value | $873,278 |
Housing Distribution
Address Breakdown
Residential
7,737
Single Family
1,778
Multi-Family
5,959
Businesses
312
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
