3411 SW 24th TerMiamiFL33145
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 3411 SW 24th Ter, Miami, FL, 33145 in Miami speaks for itself: 15.43% gross on a $607,339 price, generating $7,811/mo in rent and $3,167/mo in net income after the $2,731/mo debt service. DSCR 2.86, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $38,010 stacks alongside $167,797 in projected five-year appreciation and $5,594/yr in principal reduction. Projected total cumulative return: $437,994.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15.4% | 5.8% |
| Monthly Cash Flow | $3,167 | $1,850 |
City averages based on Miami market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,811 |
| Total Monthly Debt Service | $4,402 |
| DSCR Ratio | 1.77x |
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 1930
6,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33145, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,796 (100%) |
| Owner Occupied HU | 5,856 (45.8%) |
| Renter Occupied HU | 6,184 (48.3%) |
| Vacant Housing Units | 756 ( 5.9%) |
| Median Home Value | $616,602 |
| Average Home Value | $663,659 |
Housing Distribution
Address Breakdown
Residential
11,611
Single Family
8,008
Multi-Family
3,603
Businesses
945
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 1930
6,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33145, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,796 (100%) |
| Owner Occupied HU | 5,856 (45.8%) |
| Renter Occupied HU | 6,184 (48.3%) |
| Vacant Housing Units | 756 ( 5.9%) |
| Median Home Value | $616,602 |
| Average Home Value | $663,659 |
Housing Distribution
Address Breakdown
Residential
11,611
Single Family
8,008
Multi-Family
3,603
Businesses
945
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices