Pays for itselfFits 2 partner lending programs

DSCR investment property · North Miami Beach

16950 W Dixie Hwy, A232 Unit 232, North Miami Beach, FL 33160

North Miami Beach, FL 33160 · 1 bd · 1 ba · 720 sqft · Condo · 2 days on market

The math, in full

Asking price
$140,000
Down payment (15%)
$21,000
Loan amount
$119,000
Est. monthly rent
$2,200/mo
Range $1,870–$2,530/mo
Monthly payment, all-in
$1,651/mo
Mortgage + taxes + insurance (PITIA)
Cashflow ratio (DSCR)
1.33
$2,200 rent ÷ $1,651 payment
Monthly cashflow
+$549/mo
What's left after the payment

Where the rent number comes from

Median asking rent for 1-bedroom homes in zip 33160, from current market comps — not a per-property guess. High confidence — plenty of comparable rentals in this zip.

Cash to start

$21,000

15% down on $140,000

Clayhouse Mortgage — FloridaYour local lender
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No credit pull. No obligation. A loan officer confirms real terms within one business day.

  • Screened against real lending criteria — this one fits 2 programs.
  • Qualifies on the property's rent — no W-2 or tax returns.
  • Listing data verified as of June 9, 2026.

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Rent, payment, and cashflow figures are estimates based on current market data and business-purpose investment-loan criteria, for non-owner-occupied property. Not a commitment to lend, not financial advice, and not an offer of any specific loan or property. Listing data may change; properties may sell. All terms confirmed by a loan officer and subject to underwriting and appraisal.