266 NE 117th StMiamiFL33161
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 266 NE 117th St, Miami, FL, 33161 in Miami at $1,389,000, 5.53% gross yield, is a market-growth asset. Rental yield 5.53%. The $6,404/mo rent partially funds the $6,246/mo debt service; the core return is the 5%/yr price growth projected to add $383,755 over five years. Ziffy Mortgage's DSCR mortgage (1.03) 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: $348,303.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.5% | 5.8% |
| Monthly Cash Flow | $(2,813) | $1,850 |
City averages based on Miami market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,404 |
| Total Monthly Debt Service | $8,665 |
| DSCR Ratio | 0.74x |
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 2003
6,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33161, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,055 (100%) |
| Owner Occupied HU | 7,835 (39.1%) |
| Renter Occupied HU | 10,594 (52.8%) |
| Vacant Housing Units | 1,626 ( 8.1%) |
| Median Home Value | $506,588 |
| Average Home Value | $542,699 |
Housing Distribution
Address Breakdown
Residential
17,553
Single Family
10,194
Multi-Family
7,359
Businesses
1,270
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 2003
6,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33161, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,055 (100%) |
| Owner Occupied HU | 7,835 (39.1%) |
| Renter Occupied HU | 10,594 (52.8%) |
| Vacant Housing Units | 1,626 ( 8.1%) |
| Median Home Value | $506,588 |
| Average Home Value | $542,699 |
Housing Distribution
Address Breakdown
Residential
17,553
Single Family
10,194
Multi-Family
7,359
Businesses
1,270
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Natalia Nunez • Radius Realty Group LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11642534
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.