447 NE 195th St APT 119MiamiFL33179
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable and efficiently structured, 447 NE 195th St APT 119, Miami, FL, 33179 in Miami is a conservative rental investment at $217,000. Rental yield 8.07%. A 1.49 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $59,953; $1,999/yr in principal paydown supplements. Total projected return: $51,685.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 5.8% |
| Monthly Cash Flow | $(518) | $1,850 |
City averages based on Miami market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,459 |
| Total Monthly Debt Service | $1,891 |
| DSCR Ratio | 0.77x |
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.
Condo
Built in 1971
N/A lot
$N/A/sqft
$519 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33179, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,897 (100%) |
| Owner Occupied HU | 11,708 (56.0%) |
| Renter Occupied HU | 7,888 (37.7%) |
| Vacant Housing Units | 1,301 ( 6.2%) |
| Median Home Value | $417,762 |
| Average Home Value | $504,468 |
Housing Distribution
Address Breakdown
Residential
19,454
Single Family
9,651
Multi-Family
9,803
Businesses
873
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 1971
N/A lot
$N/A/sqft
$519 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33179, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,897 (100%) |
| Owner Occupied HU | 11,708 (56.0%) |
| Renter Occupied HU | 7,888 (37.7%) |
| Vacant Housing Units | 1,301 ( 6.2%) |
| Median Home Value | $417,762 |
| Average Home Value | $504,468 |
Housing Distribution
Address Breakdown
Residential
19,454
Single Family
9,651
Multi-Family
9,803
Businesses
873
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Augusto Squadrito • United Realty Group Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11682610
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.