5350 NW 84th Ave UNIT 710DoralFL33166
INVESTMENT ANALYSIS
Investment Verdict
Solid Income5350 NW 84th Ave UNIT 710, Doral, FL, 33166 in Doral carries a 1.64 coverage ratio, rent of $2,788/mo is 1.64 times the $1,704/mo payment. Rental yield 8.83%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $378,921 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $104,689; total projected cumulative return: $106,200.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 7.0% |
| Monthly Cash Flow | $(657) | $1,500 |
City averages based on Doral market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,788 |
| Total Monthly Debt Service | $3,294 |
| DSCR Ratio | 0.85x |
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 2019
N/A lot
$N/A/sqft
$761 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33166, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,754 (100%) |
| Owner Occupied HU | 5,737 (45.0%) |
| Renter Occupied HU | 5,956 (46.7%) |
| Vacant Housing Units | 1,061 ( 8.3%) |
| Median Home Value | $562,113 |
| Average Home Value | $585,936 |
Housing Distribution
Address Breakdown
Residential
12,183
Single Family
6,624
Multi-Family
5,559
Businesses
6,559
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 2019
N/A lot
$N/A/sqft
$761 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33166, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,754 (100%) |
| Owner Occupied HU | 5,737 (45.0%) |
| Renter Occupied HU | 5,956 (46.7%) |
| Vacant Housing Units | 1,061 ( 8.3%) |
| Median Home Value | $562,113 |
| Average Home Value | $585,936 |
Housing Distribution
Address Breakdown
Residential
12,183
Single Family
6,624
Multi-Family
5,559
Businesses
6,559
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Peggy Clemente Pistone • Century 21 Integra
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11865419
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.