311 NW 82nd Ave APT 1208MiamiFL33126
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 311 NW 82nd Ave APT 1208, Miami, FL, 33126 in Miami. At $375,000 it earns $3,030/mo in rent and distributes $310/mo to the owner after the $1,686/mo payment, a consistent 9.7% yield. DSCR 1.80 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $103,606 in value; $3,454/yr in principal paydown compounds ownership stake. Total projected return: $163,916.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 5.8% |
| Monthly Cash Flow | $310 | $1,850 |
City averages based on Miami market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,030 |
| Total Monthly Debt Service | $2,570 |
| DSCR Ratio | 1.18x |
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 1997
N/A lot
$N/A/sqft
$231 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33126, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,690 (100%) |
| Owner Occupied HU | 7,111 (34.4%) |
| Renter Occupied HU | 12,678 (61.3%) |
| Vacant Housing Units | 901 ( 4.4%) |
| Median Home Value | $408,871 |
| Average Home Value | $452,290 |
Housing Distribution
Address Breakdown
Residential
18,089
Single Family
8,505
Multi-Family
9,584
Businesses
2,469
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 1997
N/A lot
$N/A/sqft
$231 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33126, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,690 (100%) |
| Owner Occupied HU | 7,111 (34.4%) |
| Renter Occupied HU | 12,678 (61.3%) |
| Vacant Housing Units | 901 ( 4.4%) |
| Median Home Value | $408,871 |
| Average Home Value | $452,290 |
Housing Distribution
Address Breakdown
Residential
18,089
Single Family
8,505
Multi-Family
9,584
Businesses
2,469
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Maria Cuervo-Rego • Investors 1 Realty, Inc.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11831953
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.