701 Brickell Key Blvd APT 1812MiamiFL33131
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 4.2% gross rental yield, 701 Brickell Key Blvd APT 1812, Miami, FL, 33131 in Miami is priced for capital growth, not immediate cash flow. The $1,360,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $375,743 by year five, with $12,526/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.78) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $115,448.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.2% | 5.8% |
| Monthly Cash Flow | $(6,406) | $1,850 |
City averages based on Miami market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,760 |
| Total Monthly Debt Service | $10,624 |
| DSCR Ratio | 0.45x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Condo
Built in 1997
N/A lot
$N/A/sqft
$1,984 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33131, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,011 (100%) |
| Owner Occupied HU | 5,504 (29.0%) |
| Renter Occupied HU | 9,843 (51.8%) |
| Vacant Housing Units | 3,664 (19.3%) |
| Median Home Value | $721,381 |
| Average Home Value | $849,940 |
Housing Distribution
Address Breakdown
Residential
17,448
Single Family
3
Multi-Family
17,445
Businesses
2,221
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
Condo
Built in 1997
N/A lot
$N/A/sqft
$1,984 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33131, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,011 (100%) |
| Owner Occupied HU | 5,504 (29.0%) |
| Renter Occupied HU | 9,843 (51.8%) |
| Vacant Housing Units | 3,664 (19.3%) |
| Median Home Value | $721,381 |
| Average Home Value | $849,940 |
Housing Distribution
Address Breakdown
Residential
17,448
Single Family
3
Multi-Family
17,445
Businesses
2,221
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mary Venegas • DecoNova International Group
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11685535
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.