Frontflip
Deals
My Reports
Get the iOS app
Invite
Settings
Login / Sign up
Deals
My Reports
5
Values Hold at $500K; 41 Comps Strong
Updated 13 days ago • 30 new comps
Your Investment Paths
Turnkey Rental
This property shows strong potential as a turnkey rental. Based on current market activity, you can expect a monthly income between $3,027 and $3,489. These figures suggest a healthy annual rental yield of approximately 8.21%. With a median market rent of $3,128, this home aligns well with local performance. Its location and size make it an attractive option for tenants, offering a stable investment opportunity for your real estate portfolio.
More about this home
Neighborhood Assessment
Westside/Sunkist Grove in North Miami is a solid working and middle-class neighborhood with steady value growth, modest taxes, and mostly single-family homes. You’re close to I‑95, which makes commuting into Miami or up to Broward pretty easy, and the general area is seeing ongoing investor interest. Walkability is decent for everyday needs, with schools like Benjamin Franklin K‑8 and Thomas Jefferson Middle nearby, plus typical suburban retail and services within a short drive. The comps on 131st St cluster roughly in the low‑ to mid‑400Ks, and your 3 bed, 2 bath, 1.4K sqft footprint stacks up well against smaller 2–3 bed homes around it.
Market Activity
+ Ask a question in the app
Rental Income
$39K
Yield
8.2%
Year 1 Estimates
Fix-and-Flip
Updating your home creates a compelling competitive advantage. Modernized finishes boost value to roughly 385 dollars per square foot, a healthy 11 percent increase over the neighborhood standard. This shift helps your property truly shine. Renovating elevates your home’s sell potential to between 535,000 and 591,000 dollars while strengthening rent appeal. This investment unlocks fresh lifestyle possibilities, making your property a standout choice for discerning future buyers or quality tenants alike.
Value Add
$57K
Post Typical Renovation
Buy-Rehab-Rent
This property shows strong BRR potential with a post-renovation value reaching up to $591,000. Strategically upgrading the asset bridges the gap between baseline market averages and top-tier renovated comps, maximizing your equity capture upon stabilization. The projected rental income of $3,326 monthly provides a solid 7.1% yield. This performance creates a stable cash-flow foundation, making the asset an attractive target for investors seeking both reliable monthly returns and long-term appreciation.
Rental Income
$40K
Yield
7.1%
Year 1 Estimates, Post Typical Renovation
Estimated value
$476K
$23.6K below comp median
Comparative Market Analysis
$300K – $570K
~46 days to sell
Based on 8 comps
885 NW 131st St, North Miami Investment Report: Flip & Rental Analysis · Frontflip