918 SW 7th Ave #3-2MiamiFL33130
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 918 SW 7th Ave #3-2, Miami, FL, 33130 in Miami hard to pass up. The 14.31% gross yield on a $285,000 purchase results in $3,398/mo in rent and $881/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.65). Annual cash flow of $10,566, five-year appreciation of $78,740, and $2,625/yr in equity build-up combine for a projected total cumulative return of $167,999.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.3% | 5.8% |
| Monthly Cash Flow | $881 | $1,850 |
City averages based on Miami market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,398 |
| Total Monthly Debt Service | $2,404 |
| DSCR Ratio | 1.41x |
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 1985
N/A lot
$N/A/sqft
$500 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33130, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,653 (100%) |
| Owner Occupied HU | 4,176 (19.3%) |
| Renter Occupied HU | 15,484 (71.5%) |
| Vacant Housing Units | 1,993 ( 9.2%) |
| Median Home Value | $526,147 |
| Average Home Value | $612,036 |
Housing Distribution
Address Breakdown
Residential
19,316
Single Family
1,927
Multi-Family
17,389
Businesses
1,387
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 1985
N/A lot
$N/A/sqft
$500 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33130, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,653 (100%) |
| Owner Occupied HU | 4,176 (19.3%) |
| Renter Occupied HU | 15,484 (71.5%) |
| Vacant Housing Units | 1,993 ( 9.2%) |
| Median Home Value | $526,147 |
| Average Home Value | $612,036 |
Housing Distribution
Address Breakdown
Residential
19,316
Single Family
1,927
Multi-Family
17,389
Businesses
1,387
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Analisa Grimaldi • Grimaldi International Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11848487
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.