3200 SW 88th PlMiamiFL33165
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 3200 SW 88th Pl, Miami, FL, 33165 in Miami is a conservative rental investment at $797,000. Rental yield 6.87%. A 1.27 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $220,196; $7,340/yr in principal paydown supplements. Total projected return: $248,454.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.9% | 5.8% |
| Monthly Cash Flow | $(870) | $1,850 |
City averages based on Miami market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,566 |
| Total Monthly Debt Service | $5,119 |
| DSCR Ratio | 0.89x |
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.
Multi Family
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33165, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,482 (100%) |
| Owner Occupied HU | 12,239 (70.0%) |
| Renter Occupied HU | 4,886 (27.9%) |
| Vacant Housing Units | 357 ( 2.0%) |
| Median Home Value | $552,675 |
| Average Home Value | $584,626 |
Housing Distribution
Address Breakdown
Residential
17,615
Single Family
15,903
Multi-Family
1,712
Businesses
1,103
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
Multi Family
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33165, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,482 (100%) |
| Owner Occupied HU | 12,239 (70.0%) |
| Renter Occupied HU | 4,886 (27.9%) |
| Vacant Housing Units | 357 ( 2.0%) |
| Median Home Value | $552,675 |
| Average Home Value | $584,626 |
Housing Distribution
Address Breakdown
Residential
17,615
Single Family
15,903
Multi-Family
1,712
Businesses
1,103
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rafael Lopez • Wider Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11818376
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.