6570 SW 12th St APT 6West MiamiFL33144
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 6570 SW 12th St APT 6, West Miami, FL, 33144 in West Miami deserves attention. This $414,000 property earns $3,610/mo in rent, a 10.46% gross yield, and nets $675/mo after the $1,862/mo payment. DSCR 1.94 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $114,381 compounds alongside $3,813/yr in yearly equity build, for a total cumulative return of $202,043.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 5.0% |
| Monthly Cash Flow | $675 | $350 |
City averages based on West Miami market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,610 |
| Total Monthly Debt Service | $2,770 |
| DSCR Ratio | 1.30x |
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.
Townhouse
Built in 1994
N/A lot
$N/A/sqft
$184 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33144, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,567 (100%) |
| Owner Occupied HU | 5,087 (53.2%) |
| Renter Occupied HU | 3,985 (41.7%) |
| Vacant Housing Units | 495 ( 5.2%) |
| Median Home Value | $505,191 |
| Average Home Value | $546,231 |
Housing Distribution
Address Breakdown
Residential
8,649
Single Family
6,523
Multi-Family
2,126
Businesses
1,823
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
Townhouse
Built in 1994
N/A lot
$N/A/sqft
$184 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33144, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,567 (100%) |
| Owner Occupied HU | 5,087 (53.2%) |
| Renter Occupied HU | 3,985 (41.7%) |
| Vacant Housing Units | 495 ( 5.2%) |
| Median Home Value | $505,191 |
| Average Home Value | $546,231 |
Housing Distribution
Address Breakdown
Residential
8,649
Single Family
6,523
Multi-Family
2,126
Businesses
1,823
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices