6241 SW 20th TerMiamiFL33155
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 6241 SW 20th Ter, Miami, FL, 33155 in Miami: $5,950/mo in rent, $259/mo in net income, 8.55% gross yield, 1.58 DSCR, all at $835,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $230,695 in appreciation and $7,690/yr in principal paydown projects total cumulative return of $335,596.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 5.8% |
| Monthly Cash Flow | $259 | $1,850 |
City averages based on Miami market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,950 |
| Total Monthly Debt Service | $5,359 |
| DSCR Ratio | 1.11x |
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 1948
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33155, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,986 (100%) |
| Owner Occupied HU | 10,768 (63.4%) |
| Renter Occupied HU | 5,559 (32.7%) |
| Vacant Housing Units | 659 ( 3.9%) |
| Median Home Value | $591,110 |
| Average Home Value | $667,336 |
Housing Distribution
Address Breakdown
Residential
16,357
Single Family
13,251
Multi-Family
3,106
Businesses
2,597
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 1948
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33155, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,986 (100%) |
| Owner Occupied HU | 10,768 (63.4%) |
| Renter Occupied HU | 5,559 (32.7%) |
| Vacant Housing Units | 659 ( 3.9%) |
| Median Home Value | $591,110 |
| Average Home Value | $667,336 |
Housing Distribution
Address Breakdown
Residential
16,357
Single Family
13,251
Multi-Family
3,106
Businesses
2,597
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mark Stephan • Engel & Vlkers Miami
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11809722
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.