7280 SW 90th St #E208MiamiFL33156
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe headline number at 7280 SW 90th St #E208, Miami, FL, 33156 in Miami is the 1.65 coverage ratio: rent of $2,338/mo versus a $1,416/mo debt payment on a $315,000 property. Rental yield 8.91%. That margin is what gives Ziffy Mortgage's DSCR loan the coverage it needs for a clean, fast approval, no W-2s, no U.S. residency. Appreciation at 5%/yr projects $87,029 by year five, with $2,901/yr in equity from paydown. Total projected cumulative return: $117,814.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 5.8% |
| Monthly Cash Flow | $(57) | $1,850 |
City averages based on Miami market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,338 |
| Total Monthly Debt Service | $2,269 |
| DSCR Ratio | 1.03x |
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.
Condo
Built in 2008
N/A lot
$N/A/sqft
$304 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33156, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,990 (100%) |
| Owner Occupied HU | 8,719 (62.3%) |
| Renter Occupied HU | 4,237 (30.3%) |
| Vacant Housing Units | 1,034 ( 7.4%) |
| Median Home Value | $1,042,504 |
| Average Home Value | $1,217,756 |
Housing Distribution
Address Breakdown
Residential
13,520
Single Family
8,962
Multi-Family
4,558
Businesses
1,518
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 2008
N/A lot
$N/A/sqft
$304 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33156, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,990 (100%) |
| Owner Occupied HU | 8,719 (62.3%) |
| Renter Occupied HU | 4,237 (30.3%) |
| Vacant Housing Units | 1,034 ( 7.4%) |
| Median Home Value | $1,042,504 |
| Average Home Value | $1,217,756 |
Housing Distribution
Address Breakdown
Residential
13,520
Single Family
8,962
Multi-Family
4,558
Businesses
1,518
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robert Binninger • Nex-Gen Florida Realty, Inc.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11815335
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.