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Market MapMiami, FL
Metropolitan Area

Miami, FL

Florida0
46
/100
Hold
#776 of 894 metros
Top 87% nationally for investing

Market Snapshot

$467,083
Median Home Price
91% above national median
$2,658/mo
Median Rent
92% above national median
6.83%
Rent-to-Price Ratio
Top 31% nationally
-$721
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Quick Investment Calculator

20%
5%50%100%

Purchase

Purchase Price$467,083
Down Payment (20%)$93,417
Loan Amount$373,666
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$2,658
Monthly P&I-$2,448
Est. Expenses (35%)-$930
Net Cash Flow-$720/mo
4.4%
Cap Rate (all cash)
-8.0%
Cash-on-Cash Return
6.83%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 4.4% cap rate. All-cash buyers may see better returns.

* Based on metro-wide median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Individual counties and properties vary significantly.

Run Full AnalysisTry House Hack Strategy

Score Breakdown

Overall Investment Score
46/100
46
Cash Flow(30%)
68/100

Based on 6.83% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
26/100

Based on -5.0% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Based on 0.0% population growth. Growing areas indicate economic stability.

Affordability(20%)
33/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow metro-level home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. This metro score represents area-wide averages; individual counties may vary significantly.

Investment Outlook

Strengths

  • +Above-average rent-to-price ratio (6.83%)
  • +Low unemployment (0.0%)

Challenges

  • -Declining home values (-5.0% YoY)
  • -Negative cash flow at typical financing (-$721/mo)
  • -Negative leverage (cap rate 4.4% < mortgage rate 6.9%)
  • -High price-to-income ratio makes financing challenging

Counties in Miami, FL

County data is being compiled for this metro area.

Compare to Similar Metros

Metro AreaVerdict
Joplin, MO
Joplin, MO
66$221,162$1,2156.59%BuyView
Tulsa, OK
Tulsa, OK
66$245,001$1,3976.84%BuyView
Amarillo, TX
Amarillo, TX
66$210,380$1,2757.28%BuyView
Jacksonville, NC
Jacksonville, NC
66$280,734$1,4836.34%BuyView
Grand Island, NE
Grand Island, NE
66$251,483$1,2345.89%BuyView
Current
Miami, FL
46$467,083$2,6586.83%Hold

The Bottom Line

HoldMiami, FL is a neutral market. Consider house hacking or targeting below-market deals in specific counties.

The Miami, FL metro area scores 46/100, ranking #776 of 894 US metros (top 87%). The 6.83% rent-to-price ratio indicates moderate cash flow potential. Current metro-wide averages make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or drilling down to specific counties.

Monthly Cash Flow
$-721/mo
Cap Rate
4.4%
Cash-on-Cash
-9.3%

Ready to Invest in Miami, FL?

Use our investment calculators to run detailed numbers on specific properties, or explore individual counties for more targeted opportunities.

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