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7801 NE 4th Ct APT 511, Miami Investment Report: Flip & Rental Analysis · Frontflip
38
Median Rent Holds at $2,662; 29 Comps
Updated 13 days ago • 1 new comp
Your Investment Paths
Turnkey Rental
The property shows promising rental potential in the Miami market. Based on current neighborhood trends, monthly income is estimated to range between $2,398 and $3,070, providing a healthy baseline for consistent cash flow for investors. With an attractive estimated yield of 16.4%, this condo stands out as a strong candidate for a rental strategy. These figures suggest significant upside compared to previous historical rates, making it a competitive local opportunity.
More about this home
Neighborhood Assessment
This 1-bed, 2-bath condo in Miami's Upper Eastside (MIMO District) is positioned in a vibrant, creative neighborhood experiencing strong redevelopment momentum. The area offers excellent walkability with proximity to Biscayne Boulevard's galleries, cafés, and cultural venues, plus nearby developments like the Design District and Midtown. At $268/sqft, the $200K asking price is reasonable given comparable units in the same building trending $182K-$220K.
Market Activity
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Rental Income
$33K
Yield
16.4%
Year 1 Estimates
Fix-and-Flip
Modernizing your home significantly boosts value. Upgraded units achieve a premium price per square foot of roughly 318 dollars compared to 286 dollars for standard homes, representing an 11 percent increase in value per square foot. These improvements help your property shine, often leading to faster sales and higher rental appeal. With a potential value boost of over 23,000 dollars, refreshing your space is a smart way to maximize equity and comfort.
Value Add
$24K
Post Typical Renovation
Buy-Rehab-Rent
This property shows solid potential with a projected post-renovation value between $219,000 and $242,000. Upgrading the unit effectively bridges the value gap, offering a calculated 11 percent price increase compared to baseline market conditions for the area. Rental performance remains a highlight, with income potential reaching $2,225 monthly. This delivers an impressive 11.6 percent yield, confirming the property functions as a strong income-generating asset when paired with a disciplined, cost-effective renovation strategy.
Rental Income
$27K
Yield
11.6%
Year 1 Estimates, Post Typical Renovation
Estimated value
$200K
$83.5K below comp median
Comparative Market Analysis
$150K – $360K
~329 days to sell
Based on 8 comps