2845 NW 164th TerMiami GardensFL33054
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 2845 NW 164th Ter, Miami Gardens, FL, 33054 in Miami Gardens. At $614,900 it earns $4,920/mo in rent and distributes $839/mo to the owner after the $2,765/mo payment, a consistent 9.6% yield. DSCR 1.78 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $169,886 in value; $5,663/yr in principal paydown compounds ownership stake. Total projected return: $288,413.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.0% |
| Monthly Cash Flow | $839 | $250 |
City averages based on Miami Gardens market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,920 |
| Total Monthly Debt Service | $3,836 |
| DSCR Ratio | 1.28x |
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 1953
8,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33054, Opa Locka, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,525 (100%) |
| Owner Occupied HU | 4,805 (45.7%) |
| Renter Occupied HU | 5,222 (49.6%) |
| Vacant Housing Units | 498 ( 4.7%) |
| Median Home Value | $378,458 |
| Average Home Value | $446,261 |
Housing Distribution
Address Breakdown
Residential
9,832
Single Family
8,196
Multi-Family
1,636
Businesses
2,072
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 1953
8,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33054, Opa Locka, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,525 (100%) |
| Owner Occupied HU | 4,805 (45.7%) |
| Renter Occupied HU | 5,222 (49.6%) |
| Vacant Housing Units | 498 ( 4.7%) |
| Median Home Value | $378,458 |
| Average Home Value | $446,261 |
Housing Distribution
Address Breakdown
Residential
9,832
Single Family
8,196
Multi-Family
1,636
Businesses
2,072
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Yamilet Cabrera • Florida Realty of Miami Corp
Mls Name: MIAMI
Mls ID: #A11907143