849 SW 148th Pl #849MiamiFL33194
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 849 SW 148th Pl #849, Miami, FL, 33194 in Miami is listed at $495,000 and delivers $3,889/mo in rent and $294/mo in net monthly cash flow. The 9.43% yield and 1.75 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $136,759 over five years, and $4,559/yr in principal reduction supplements cash return. Total projected cumulative return: $208,925.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 5.8% |
| Monthly Cash Flow | $294 | $1,850 |
City averages based on Miami market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,889 |
| Total Monthly Debt Service | $3,398 |
| DSCR Ratio | 1.14x |
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.
Townhouse
Built in 2002
N/A lot
$N/A/sqft
$310 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33194, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,509 (100%) |
| Owner Occupied HU | 1,201 (79.6%) |
| Renter Occupied HU | 275 (18.2%) |
| Vacant Housing Units | 33 ( 2.2%) |
| Median Home Value | $536,706 |
| Average Home Value | $544,425 |
Housing Distribution
Address Breakdown
Residential
1,588
Single Family
1,415
Multi-Family
173
Businesses
372
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
Townhouse
Built in 2002
N/A lot
$N/A/sqft
$310 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33194, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,509 (100%) |
| Owner Occupied HU | 1,201 (79.6%) |
| Renter Occupied HU | 275 (18.2%) |
| Vacant Housing Units | 33 ( 2.2%) |
| Median Home Value | $536,706 |
| Average Home Value | $544,425 |
Housing Distribution
Address Breakdown
Residential
1,588
Single Family
1,415
Multi-Family
173
Businesses
372
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Evelyn Godoy • Lifestyle International Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11814171
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.