3209 SW 142nd PlMiamiFL33175
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable, bankable, and well-priced, 3209 SW 142nd Pl, Miami, FL, 33175 in Miami delivers $6,989/mo in gross rent and $485/mo in net monthly income at a $980,000 entry. The 8.56% yield and 1.59 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $270,756 over five years and $9,026/yr in equity from loan paydown, total projected return is $404,774.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 5.8% |
| Monthly Cash Flow | $485 | $1,850 |
City averages based on Miami market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,989 |
| Total Monthly Debt Service | $6,114 |
| DSCR Ratio | 1.14x |
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
7,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33175, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,617 (100%) |
| Owner Occupied HU | 13,266 (79.8%) |
| Renter Occupied HU | 3,162 (19.0%) |
| Vacant Housing Units | 189 ( 1.1%) |
| Median Home Value | $548,994 |
| Average Home Value | $596,120 |
Housing Distribution
Address Breakdown
Residential
17,380
Single Family
14,605
Multi-Family
2,775
Businesses
888
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
7,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33175, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,617 (100%) |
| Owner Occupied HU | 13,266 (79.8%) |
| Renter Occupied HU | 3,162 (19.0%) |
| Vacant Housing Units | 189 ( 1.1%) |
| Median Home Value | $548,994 |
| Average Home Value | $596,120 |
Housing Distribution
Address Breakdown
Residential
17,380
Single Family
14,605
Multi-Family
2,775
Businesses
888
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices