3030 NW 83rd StMiamiFL33147
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 3030 NW 83rd St, Miami, FL, 33147 in Miami deserves attention. This $459,900 property earns $4,196/mo in rent, a 10.95% gross yield, and nets $1,144/mo after the $2,068/mo payment. DSCR 2.03 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $127,062 compounds alongside $4,236/yr in yearly equity build, for a total cumulative return of $248,951.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11% | 5.8% |
| Monthly Cash Flow | $1,144 | $1,850 |
City averages based on Miami market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,196 |
| Total Monthly Debt Service | $2,869 |
| DSCR Ratio | 1.46x |
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 1954
8,175 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 1954
8,175 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
Listed by: Glen Gilzean • Beachfront Realty Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11822759
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.