Olmeto Plan, SalernoMiamiFL33187
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate Olmeto Plan, Salerno, Miami, FL, 33187 in Miami. At $834,990 it earns $5,914/mo in rent and distributes $372/mo to the owner after the $3,755/mo payment, a consistent 8.5% yield. DSCR 1.57 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $230,692 in value; $7,690/yr in principal paydown compounds ownership stake. Total projected return: $342,205.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 5.8% |
| Monthly Cash Flow | $372 | $1,850 |
City averages based on Miami market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,914 |
| Total Monthly Debt Service | $5,209 |
| 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.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33187, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,846 (100%) |
| Owner Occupied HU | 4,928 (84.3%) |
| Renter Occupied HU | 777 (13.3%) |
| Vacant Housing Units | 141 ( 2.4%) |
| Median Home Value | $583,196 |
| Average Home Value | $610,408 |
Housing Distribution
Address Breakdown
Residential
6,003
Single Family
5,494
Multi-Family
509
Businesses
209
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 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33187, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,846 (100%) |
| Owner Occupied HU | 4,928 (84.3%) |
| Renter Occupied HU | 777 (13.3%) |
| Vacant Housing Units | 141 ( 2.4%) |
| Median Home Value | $583,196 |
| Average Home Value | $610,408 |
Housing Distribution
Address Breakdown
Residential
6,003
Single Family
5,494
Multi-Family
509
Businesses
209
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
