7420 SW 140th TerPalmetto BayFL33158
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderCapital preservation and steady income define 7420 SW 140th Ter, Palmetto Bay, FL, 33158 in Palmetto Bay. Rental yield 7.57%. The 1.40 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $371,599 and $12,388/yr in principal reduction project total return of $484,263.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.6% | 5.2% |
| Monthly Cash Flow | $(440) | $300 |
City averages based on Palmetto Bay market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $8,485 |
| Total Monthly Debt Service | $8,391 |
| DSCR Ratio | 1.01x |
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 1959
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33158, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,416 (100%) |
| Owner Occupied HU | 2,139 (88.5%) |
| Renter Occupied HU | 186 ( 7.7%) |
| Vacant Housing Units | 91 ( 3.8%) |
| Median Home Value | $894,301 |
| Average Home Value | $1,006,211 |
Housing Distribution
Address Breakdown
Residential
2,280
Single Family
2,056
Multi-Family
224
Businesses
19
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 1959
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33158, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,416 (100%) |
| Owner Occupied HU | 2,139 (88.5%) |
| Renter Occupied HU | 186 ( 7.7%) |
| Vacant Housing Units | 91 ( 3.8%) |
| Median Home Value | $894,301 |
| Average Home Value | $1,006,211 |
Housing Distribution
Address Breakdown
Residential
2,280
Single Family
2,056
Multi-Family
224
Businesses
19
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Luis Carvajal Jr • Florida Realty of Miami Corp
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11843291
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.