5300 NW 87th Ave #1302DoralFL33178
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 5300 NW 87th Ave #1302, Doral, FL, 33178 in Doral achieves a 1.98 ratio at $138,900: $1,240/mo rent versus $625/mo debt service. Rental yield 10.71%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 10.71% yield compounds alongside 5% annual appreciation projecting $38,376 in value. Total projected cumulative return: $7,859.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 7.0% |
| Monthly Cash Flow | $(774) | $1,500 |
City averages based on Doral market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,240 |
| Total Monthly Debt Service | $1,959 |
| DSCR Ratio | 0.63x |
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 2008
N/A lot
$N/A/sqft
$1,056 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33178, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,690 (100%) |
| Owner Occupied HU | 10,605 (44.8%) |
| Renter Occupied HU | 10,587 (44.7%) |
| Vacant Housing Units | 2,498 (10.5%) |
| Median Home Value | $596,213 |
| Average Home Value | $667,251 |
Housing Distribution
Address Breakdown
Residential
23,393
Single Family
17,376
Multi-Family
6,017
Businesses
2,697
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 2008
N/A lot
$N/A/sqft
$1,056 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33178, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,690 (100%) |
| Owner Occupied HU | 10,605 (44.8%) |
| Renter Occupied HU | 10,587 (44.7%) |
| Vacant Housing Units | 2,498 (10.5%) |
| Median Home Value | $596,213 |
| Average Home Value | $667,251 |
Housing Distribution
Address Breakdown
Residential
23,393
Single Family
17,376
Multi-Family
6,017
Businesses
2,697
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Fabiana Moussegne • Century 21 Integra
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11718016
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.