259 Ne 56th St, Miami, FL 33137

Miami, FL 33137 · 4 bd · 4 ba · 1,511 sqft · Multi-Family · 27 days on market

The math, in full

Asking price: $699,999
Down payment (15%): $105,000
Loan amount: $594,999
Est. monthly rent: $12,750/mo; Range $10,838 to $14,662/mo
Monthly payment, all-in: $5,751/mo; Mortgage + taxes + insurance (PITIA)
Cashflow ratio (DSCR): 2.22; $12,750 rent ÷ $5,751 payment
Monthly cashflow: +$6,999/mo; What's left after the payment

Where the rent number comes from

Median asking rent for 4-bedroom homes in zip 33137, from current market comps, not a per-property guess. High confidence: plenty of comparable rentals in this zip.

Cash to start

$105,000

15% down on $699,999

Your local lender

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Screened against real lending criteria. This one fits 3 programs.
Qualifies on the property's rent, no W-2 or tax returns.
Listing data verified as of July 5, 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.