Frontflip
Deals
My Reports
Get the iOS app
Invite
Settings
Login / Sign up
Deals
My Reports
Median Value at $1.49M, Flip Yields Up
Updated 12 days ago • 3 new comps
Your Investment Paths
Turnkey Rental
This property shows solid rental potential, with estimated monthly income ranging between $5,157 and $7,377. These figures reflect a competitive market demand for well-maintained four-bedroom homes in the South Miami area, providing strong cash-flow prospects. Investors should view these rental projections as a reliable benchmark for the neighborhood. With a projected appreciation rate of 0.39%, the property offers a balanced opportunity for steady monthly income and long-term asset value growth.
More about this home
Neighborhood Assessment
South Miami’s 33143 zip code is a lively and well-situated area, known for its walkable streets, local shops, and an active neighborhood vibe. There are plenty of recent real estate developments nearby—from new schools to updated shopping centers—which usually means a steady influx of interest and investment. Surrounding homes in this pocket generally sell fast and attract a diverse range of buyers, helped out by accessible public transit and proximity to major employers. Community amenities are solid, and people love living here because everything they need is right around the corner.
Market Activity
+ Ask a question in the app
Rental Income
$75K
Yield
—
Year 1 Estimates
Fix-and-Flip
Modernizing your home significantly boosts value, lifting the price per square foot from $647 to $706. This 9% increase demonstrates that updated finishes create a distinct competitive edge, helping your property shine in a crowded market. These improvements shorten time on market, offering a smoother sales process. With a strong rent potential reaching $7,478, refreshed spaces appeal to high-end tenants, securing both immediate lifestyle enjoyment and excellent long-term investment growth for owners.
Value Add
$112K
Appreciation
$5K
Post Typical Renovation
Buy-Rehab-Rent
This property offers a promising renovation uplift, with an estimated post-rehab value between $1,291,000 and $1,427,000. These figures reflect solid growth potential, supported by local market trends and a clear upgrade path for this specific home. Annual rental income is projected at $78,750, delivering a steady 5.8% yield. Given the strong rental demand and favorable market data, this asset presents a reliable, income-generating opportunity for a disciplined buy-and-hold real estate investor.
Rental Income
$79K
Yield
5.8%
Appreciation
$5K
Year 1 Estimates, Post Typical Renovation
Estimated value
—
Comparative Market Analysis
$830K – $2.4M
~166 days to sell
Based on 8 comps
6320 SW 62nd Terrace, South Miami Investment Report: Flip & Rental Analysis · Frontflip