5640 NW 115th Ct APT 206DoralFL33178
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow5640 NW 115th Ct APT 206, Doral, FL, 33178 in Doral earns a respectable 11.21% gross yield at $348,500, but after the $1,567/mo mortgage the net cash flow is $145/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (2.08) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $96,284 over five years, making equity the dominant return driver. Total projected return: $145,638.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.2% | 7.0% |
| Monthly Cash Flow | $145 | $1,500 |
City averages based on Doral market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,256 |
| Total Monthly Debt Service | $2,972 |
| DSCR Ratio | 1.10x |
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 2000
N/A lot
$N/A/sqft
$670 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 2000
N/A lot
$N/A/sqft
$670 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: Maria De Matos PA • Realty One Group Evolution
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11767142
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.