602 NW 100th StMiamiFL33150
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 602 NW 100th St, Miami, FL, 33150 in Miami deserves attention. This $420,500 property earns $6,125/mo in rent, a 17.48% gross yield, and nets $3,334/mo after the $1,891/mo payment. DSCR 3.24 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $116,176 compounds alongside $3,873/yr in yearly equity build, for a total cumulative return of $374,841.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 17.5% | 5.8% |
| Monthly Cash Flow | $3,334 | $1,850 |
City averages based on Miami market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,125 |
| Total Monthly Debt Service | $2,623 |
| DSCR Ratio | 2.33x |
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 1935
5,074 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33150, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,890 (100%) |
| Owner Occupied HU | 3,924 (36.0%) |
| Renter Occupied HU | 6,319 (58.0%) |
| Vacant Housing Units | 647 ( 5.9%) |
| Median Home Value | $475,794 |
| Average Home Value | $554,221 |
Housing Distribution
Address Breakdown
Residential
9,963
Single Family
7,582
Multi-Family
2,381
Businesses
761
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 1935
5,074 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33150, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,890 (100%) |
| Owner Occupied HU | 3,924 (36.0%) |
| Renter Occupied HU | 6,319 (58.0%) |
| Vacant Housing Units | 647 ( 5.9%) |
| Median Home Value | $475,794 |
| Average Home Value | $554,221 |
Housing Distribution
Address Breakdown
Residential
9,963
Single Family
7,582
Multi-Family
2,381
Businesses
761
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices