6401 SW 38th StMiamiFL33155
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 6401 SW 38th St, Miami, FL, 33155 in Miami speaks for itself: 13.98% gross on a $849,000 price, generating $9,894/mo in rent and $4,260/mo in net income after the $3,818/mo debt service. DSCR 2.59, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $51,119 stacks alongside $234,563 in projected five-year appreciation and $7,819/yr in principal reduction. Projected total cumulative return: $597,713.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14% | 5.8% |
| Monthly Cash Flow | $4,260 | $1,850 |
City averages based on Miami market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $9,894 |
| Total Monthly Debt Service | $5,296 |
| DSCR Ratio | 1.87x |
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 1949
5,775 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 1949
5,775 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