845 NE 71st StMiamiFL33138
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingCapital preservation and steady income define 845 NE 71st St, Miami, FL, 33138 in Miami. Rental yield 6.56%. The 1.22 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $272,966 and $9,100/yr in principal reduction project total return of $302,149.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.6% | 5.8% |
| Monthly Cash Flow | $(1,157) | $1,850 |
City averages based on Miami market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,400 |
| Total Monthly Debt Service | $6,163 |
| DSCR Ratio | 0.88x |
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 1947
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33138, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,187 (100%) |
| Owner Occupied HU | 6,036 (42.5%) |
| Renter Occupied HU | 6,547 (46.1%) |
| Vacant Housing Units | 1,604 (11.3%) |
| Median Home Value | $787,542 |
| Average Home Value | $876,524 |
Housing Distribution
Address Breakdown
Residential
12,785
Single Family
6,848
Multi-Family
5,937
Businesses
1,269
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 1947
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33138, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,187 (100%) |
| Owner Occupied HU | 6,036 (42.5%) |
| Renter Occupied HU | 6,547 (46.1%) |
| Vacant Housing Units | 1,604 (11.3%) |
| Median Home Value | $787,542 |
| Average Home Value | $876,524 |
Housing Distribution
Address Breakdown
Residential
12,785
Single Family
6,848
Multi-Family
5,937
Businesses
1,269
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nancy Dowson • Keller Williams Capital Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11705908
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.