36 NW 6th Ave APT 706MiamiFL33128
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowTight but positive: 36 NW 6th Ave APT 706, Miami, FL, 33128 in Miami at $325,000 earns $3,193/mo in rent and nets $198/mo after the $1,461/mo payment, a 11.79% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $89,792 over five years. Ziffy Mortgage underwrites this on a 2.19 DSCR without U.S. credit history. With $2,993/yr in principal paydown, total projected return reaches $140,286.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.8% | 5.8% |
| Monthly Cash Flow | $198 | $1,850 |
City averages based on Miami market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,193 |
| Total Monthly Debt Service | $2,866 |
| DSCR Ratio | 1.11x |
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 2007
N/A lot
$N/A/sqft
$700 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33128, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,704 (100%) |
| Owner Occupied HU | 166 ( 3.5%) |
| Renter Occupied HU | 4,201 (89.3%) |
| Vacant Housing Units | 337 ( 7.2%) |
| Median Home Value | $407,547 |
| Average Home Value | $427,500 |
Housing Distribution
Address Breakdown
Residential
4,351
Single Family
697
Multi-Family
3,654
Businesses
402
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 2007
N/A lot
$N/A/sqft
$700 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33128, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,704 (100%) |
| Owner Occupied HU | 166 ( 3.5%) |
| Renter Occupied HU | 4,201 (89.3%) |
| Vacant Housing Units | 337 ( 7.2%) |
| Median Home Value | $407,547 |
| Average Home Value | $427,500 |
Housing Distribution
Address Breakdown
Residential
4,351
Single Family
697
Multi-Family
3,654
Businesses
402
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Oscar Manes • Keller Williams Capital Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11844024
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.