8425 SW 149th DrPalmetto BayFL33158
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 8425 SW 149th Dr, Palmetto Bay, FL, 33158 in Palmetto Bay. Rental yield 4.01%. At $1,450,000 with 4.01% gross yield, current distributions are modest, but the 5% appreciation rate projects $400,608 in new equity by year five, complemented by $13,355/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.74) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $245,226.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4% | 5.2% |
| Monthly Cash Flow | $(4,777) | $300 |
City averages based on Palmetto Bay market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,845 |
| Total Monthly Debt Service | $9,046 |
| DSCR Ratio | 0.54x |
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.
Single Family
Built in 1969
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 1969
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: Monika Tefel • Coldwell Banker Realty
Mls Name: MIAMI
Mls ID: #A11947184