Frontflip
Deals
My Reports
Get the iOS app
Invite
Settings
Login / Sign up
Deals
My Reports
2
Rent up to $3,394; ARV hits $604K
Updated 7 days ago • 6 new comps
Your Investment Paths
Turnkey Rental
This property presents a solid rental opportunity in the Miami Gardens market. Based on recent comparable data, you can realistically expect monthly rental income ranging between $2,997 and $3,675, positioning it competitively within the local area. With a strong estimated yield of approximately 25%, this investment offers significant potential for steady cash flow. The data suggests that local rental demand remains robust, making this a promising choice for a turnkey rental portfolio.
More about this home
Neighborhood Assessment
Miami Gardens here feels like a mixed but potentially resilient pocket. The immediate block has strong school access, with Hibiscus Elementary very close and decent middle-school ratings, which helps long-term demand. That said, Miami Norland High is weak, and the property itself needs a full rehab, so buyer appetite will depend on execution and pricing.
Market Activity
+ Ask a question in the app
Rental Income
$40K
Yield
25.0%
Year 1 Estimates
Fix-and-Flip
Modernizing your home significantly boosts value, lifting your price per square foot from 319 dollars to 340 dollars. This represents a 6.5 percent gain, creating a fresher, more desirable space that truly shines in today’s market. Beyond immediate value, refreshed interiors unlock stronger potential, with sale estimates reaching up to 604,000 dollars. This path enhances your lifestyle and positions the property to stand out, offering a bright, updated appeal that buyers love.
Value Add
$35K
Post Typical Renovation
Buy-Rehab-Rent
This property offers a solid BRR opportunity with an after-renovation value ranging from $547,000 to $604,000. Strategically upgrading the 1,680-square-foot home aligns with current market demand, capturing significant value uplift over baseline purchase prices. Projected rental income hits $3,394 monthly, generating a reliable 7.1% yield. These figures reflect strong income potential for a 3-bedroom, 2-bath configuration, making this a practical choice for investors seeking steady cash flow and long-term equity.
Rental Income
$41K
Yield
7.1%
Year 1 Estimates, Post Typical Renovation
Asking price
$160K
$325K below comp median
Comparative Market Analysis
$360K – $580K
~72 days to sell
Based on 8 comps
131 NW 187th St, Miami Gardens Investment Report: Flip & Rental Analysis · Frontflip