601 SW 116th CtSweetwaterFL33174
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 601 SW 116th Ct, Sweetwater, FL, 33174 in Sweetwater at $650,000 earns $4,440/mo in rent and nets $126/mo after the $2,923/mo payment, a 8.2% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $179,583 over five years. Ziffy Mortgage underwrites this on a 1.52 DSCR without U.S. credit history. With $5,987/yr in principal paydown, total projected return reaches $255,851.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 7.0% |
| Monthly Cash Flow | $126 | $1,500 |
City averages based on Sweetwater market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,440 |
| Total Monthly Debt Service | $4,055 |
| DSCR Ratio | 1.09x |
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.
Single Family
Built in 1989
2,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33174, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,104 (100%) |
| Owner Occupied HU | 5,673 (51.1%) |
| Renter Occupied HU | 4,389 (39.5%) |
| Vacant Housing Units | 1,042 ( 9.4%) |
| Median Home Value | $466,008 |
| Average Home Value | $516,298 |
Housing Distribution
Address Breakdown
Residential
10,524
Single Family
6,966
Multi-Family
3,558
Businesses
874
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
Single Family
Built in 1989
2,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33174, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,104 (100%) |
| Owner Occupied HU | 5,673 (51.1%) |
| Renter Occupied HU | 4,389 (39.5%) |
| Vacant Housing Units | 1,042 ( 9.4%) |
| Median Home Value | $466,008 |
| Average Home Value | $516,298 |
Housing Distribution
Address Breakdown
Residential
10,524
Single Family
6,966
Multi-Family
3,558
Businesses
874
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MIAMI
Mls ID: #A11994701