3083 SW 147th PlMiamiFL33185
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Miami rental at 3083 SW 147th Pl, Miami, FL, 33185 sits in the solid-income band: 8.37% gross yield, $6,173/mo rent, $300/mo net after the $3,980/mo debt service, DSCR 1.55. Entry price of $885,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $244,509 and $8,151/yr in principal reduction bring total cumulative return to $356,587.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 5.8% |
| Monthly Cash Flow | $300 | $1,850 |
City averages based on Miami market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,173 |
| Total Monthly Debt Service | $5,521 |
| DSCR Ratio | 1.12x |
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 2005
6,023 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33185, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,360 (100%) |
| Owner Occupied HU | 7,020 (84.0%) |
| Renter Occupied HU | 1,228 (14.7%) |
| Vacant Housing Units | 112 ( 1.3%) |
| Median Home Value | $575,261 |
| Average Home Value | $630,054 |
Housing Distribution
Address Breakdown
Residential
8,610
Single Family
8,550
Multi-Family
60
Businesses
236
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 2005
6,023 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33185, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,360 (100%) |
| Owner Occupied HU | 7,020 (84.0%) |
| Renter Occupied HU | 1,228 (14.7%) |
| Vacant Housing Units | 112 ( 1.3%) |
| Median Home Value | $575,261 |
| Average Home Value | $630,054 |
Housing Distribution
Address Breakdown
Residential
8,610
Single Family
8,550
Multi-Family
60
Businesses
236
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lila Lopez • RE/MAX 360 Real Estate
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11760836
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.