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3
Values Up 3.6%, Rent Holds $3,300
Updated 7 days ago • 15 new comps
Your Investment Paths
Turnkey Rental
This property shows strong rental potential within the current Miami Gardens market. Based on recent activity, you can expect monthly income between $3,030 and $3,343. These figures reflect solid demand for similar three-bedroom homes locally. With a yield of approximately $955.95, this investment offers a promising opportunity for steady cash flow. The market data suggests that professional management and high-quality finishes could help you target the higher end of estimates.
More about this home
Neighborhood Assessment
3815 NW 183rd St sits in Miami Gardens' Carol City North, a working-class area with mixed school ratings—elementary gets an 8, but middle (5) and high (4) lag. Nearby comps show solid values around 480K-550K for similar 3/2 homes, while Zestimate hits 467K. Walkability's okay near local spots, but no big developments popping up. Steady tax growth signals appreciation, though flood and wind risks are real concerns here. It's a B-class neighborhood—you know, safe enough for families, with that classic Florida lot size over 7K sqft. Rent Zestimate at 3.1K/mo looks promising for cash flow.
Market Activity
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Rental Income
$38K
Yield
956.0%
Year 1 Estimates
Fix-and-Flip
Modernizing your home significantly boosts value, raising your price per square foot to roughly $438 compared to the $407 baseline. This 7.5% increase in efficiency helps your property shine, unlocking a greater potential sale price. Upgrading creates a fresh, inviting space that resonates with modern buyers. With enhanced rent potential around $3,290, this investment offers a fantastic way to enjoy your living space while building meaningful long-term equity and appeal.
Value Add
$40K
Post Typical Renovation
Buy-Rehab-Rent
This property offers strong BRR potential with a post-renovation value ranging from $541,000 to $598,000. Strategic upgrades will effectively leverage current market demand, positioning the asset for significant equity gains and reliable long-term capital appreciation. Monthly rental income is estimated at $3,290, yielding a solid 6.9% return. These figures demonstrate a stable cash flow profile, making this an attractive opportunity for investors seeking a balance of growth and consistent performance.
Rental Income
$39K
Yield
6.9%
Year 1 Estimates, Post Typical Renovation
Estimated value
$4K
$539.5K below comp median
Comparative Market Analysis
$299K – $649K
~42 days to sell
Based on 8 comps
3815 NW 183rd St, Miami Gardens Investment Report: Flip & Rental Analysis · Frontflip