Investor market data · Florida

Miami, FL Rental Market for Investors

An estimated 29% of Miami's active listings could cash-flow as a short-term rental — here's what the numbers say for investors, as of August 2026.

See what pencils →Run a DSCR

$625,000Median list price7,083 active listings

$60,112Median STR revenue / yrprojected, gross

Homes in Miami that pencil right now

A sample of active Miami listings whose DSCR clears 1.25 using short-term rental income projections we accept as a direct lender. These are spread across the price range, not ranked, and current as of August 2026.

$150,000DSCR 1.36
1 bed · 1 bath · 476 sqft
Condo in 33138 · built 1945
STR revenue
$27,633/yr
Est. interest-only payment
$1,356/mo
On the market 189 days · Listed by Fausto Commercial Realty Consultants Inc
Scout this home & market: 1-bed condo in Miami
$215,000DSCR 1.44
2 bed · 2.5 bath · 706 sqft
Condo in 33130 · built 1974
STR revenue
$42,699/yr
Est. interest-only payment
$1,979/mo
On the market 18 days · Listed by CENTURY 21 Dorar Realty
Scout this home & market: 2-bed condo in Miami
$250,000DSCR 1.30
2 bed · 1 bath · 714 sqft
Condo in 33125 · built 1996
STR revenue
$41,348/yr
Est. interest-only payment
$2,126/mo
On the market 41 days · Listed by Urdapilleta Real Estate, Llc
Scout this home & market: 2-bed condo in Miami
$293,500DSCR 1.32
2 bed · 2 bath · 840 sqft
Condo in 33126 · built 1986
STR revenue
$42,791/yr
Est. interest-only payment
$2,169/mo
On the market 138 days · Listed by Keller Williams Capital Realty
Scout this home & market: 2-bed condo in Miami
$375,000DSCR 1.44
2 bed · 2 bath · 880 sqft
Condo in 33130 · built 1999
STR revenue
$60,170/yr
Est. interest-only payment
$2,782/mo
On the market 200 days · Listed by Miami Premier Realty
Scout this home & market: 2-bed condo in Miami
$449,999DSCR 1.61
4 bed · 3 bath · 1,917 sqft
Townhouse in 33184 · built 1984
STR revenue
$81,667/yr
Est. interest-only payment
$3,378/mo
On the market 93 days · Listed by Douglas Elliman - 5555 Biscayne Blvd
Scout this home & market: 4-bed townhouse in Miami
$610,000DSCR 1.54
4 bed · 3 bath · 1,794 sqft
Townhouse in 33126 · built 1981
STR revenue
$107,413/yr
Est. interest-only payment
$4,641/mo
On the market 159 days · Listed by Montesol Realty, Inc.
Scout this home & market: 4-bed townhouse in Miami
$640,000DSCR 1.36
4 bed · 2 bath · 1,829 sqft
House in 33177 · built 1994
STR revenue
$102,034/yr
Est. interest-only payment
$5,012/mo
On the market 53 days · Listed by Luxe Properties
Scout this home & market: 4-bed house in Miami

Ask about Miami deals →Run any address yourself

As of August 2026, we analyzed 7,083 active for-sale homes in Miami, Florida. The typical listing is priced at $625,000 and is projected to generate about $60,112 a year as a short-term rental.

After setting aside an estimated 20% for operating costs, an estimated 28.6% of those homes could still cover an investor mortgage payment on short-term-rental income — below the 52.5% median across the 200 major metros we track, ranking Miami #174 of 200 for cash-flow potential.

On market momentum: homes in Miami sit a median of 89 days on the market, and 22% of active listings came on in just the last 30 days — a slower-moving market, which shapes how much room there is to negotiate.

For a DSCR loan — which qualifies on the property's rental income rather than your personal income — Miami runs tighter once operating costs are accounted for: many listings need a below-median price, a stronger short-term-rental setup, or more money down before the income covers the payment. It's a market where running the numbers property-by-property matters.

What actually works in Miami

Cash-flow is the exception rather than the rule in Miami right now: 466 of the 5,100 Miami homes, condos and townhomes we can price confidently clear a DSCR of 1.25. Nine in ten of them are priced under $730,000.

Share of those listings clearing an DSCR of 1.25, by price and bedroom count. The smaller figure is the median DSCR for that group.
Price	1 bed	2 bed	3 bed	4 bed	5 bed
$150k–$250k	5%0.93	52%1.27	—	—	—
$250k–$350k	3%0.83	20%1.02	69%1.37	—	—
$350k–$500k	0%0.77	5%0.78	30%1.10	81%1.47	—
$500k+	0%0.55	1%0.58	4%0.72	14%0.87	23%0.89

Darker means a larger share of that group cash-flows. “—” means fewer than 8 active listings — too few to draw a conclusion from.

Miami in full

Active for-sale homes analyzed	7,083
Median list price	$625,000
Median projected STR revenue (annual, gross)	$60,112
Median average daily rate (ADR)	$255
Median occupancy	65%
Median beds	2
Median size	1,235 sqft
Estimated cash-flow-positive share	28.6%
Median days on market	89 days
New listings (last 30 days)	21.5% of active