850 N Miami Ave UNIT W-2206MiamiFL33136
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe cash-flow margin at 850 N Miami Ave UNIT W-2206, Miami, FL, 33136 in Miami is narrow, $101/mo net on $3,415/mo rent after the $1,664/mo debt service, but the property operates at break-even-plus, not a loss. At $370,000 with a 11.08% yield, the long-run equity case via 5% appreciation ($102,224 over five years) and $3,408/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 2.05 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $151,234.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.1% | 5.8% |
| Monthly Cash Flow | $101 | $1,850 |
City averages based on Miami market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,415 |
| Total Monthly Debt Service | $3,167 |
| DSCR Ratio | 1.08x |
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 1989
N/A lot
$N/A/sqft
$859 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33136, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,665 (100%) |
| Owner Occupied HU | 889 (10.3%) |
| Renter Occupied HU | 6,525 (75.3%) |
| Vacant Housing Units | 1,251 (14.4%) |
| Median Home Value | $379,282 |
| Average Home Value | $523,324 |
Housing Distribution
Address Breakdown
Residential
8,328
Single Family
1,182
Multi-Family
7,146
Businesses
526
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 1989
N/A lot
$N/A/sqft
$859 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33136, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,665 (100%) |
| Owner Occupied HU | 889 (10.3%) |
| Renter Occupied HU | 6,525 (75.3%) |
| Vacant Housing Units | 1,251 (14.4%) |
| Median Home Value | $379,282 |
| Average Home Value | $523,324 |
Housing Distribution
Address Breakdown
Residential
8,328
Single Family
1,182
Multi-Family
7,146
Businesses
526
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices