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 October 2026.
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 October 2026.
$150,000DSCR 1.351 bed · 1 bath · 476 sqft
- STR revenue
- $27,633/yr
- Est. interest-only payment
- $1,369/mo
On the market 239 days · Listed by Fausto Commercial Realty Consultants Inc
Scout this home & market: 1-bed condo in Miami
$195,000DSCR 1.572 bed · 1 bath · 715 sqft
- STR revenue
- $41,248/yr
- Est. interest-only payment
- $1,749/mo
On the market 121 days · Listed by Avanti Way
Scout this home & market: 2-bed condo in Miami
$279,000DSCR 1.492 bed · 1 bath · 731 sqft
- STR revenue
- $54,118/yr
- Est. interest-only payment
- $2,414/mo
On the market 16 days · Listed by Realty One Group Evolution
Scout this home & market: 2-bed condo in Miami
$312,000DSCR 1.411 bed · 1.5 bath · 600 sqft
- STR revenue
- $70,805/yr
- Est. interest-only payment
- $3,340/mo
On the market 138 days · Listed by Prestige Realty Group, Llc
Scout this home & market: 1-bed condo in Miami
$405,000DSCR 1.381 bed · 1 bath · 728 sqft
- STR revenue
- $60,516/yr
- Est. interest-only payment
- $2,922/mo
On the market 180 days · Listed by Cayhill Dumott Realty Llc
Scout this home & market: 1-bed condo in Miami
$650,000DSCR 1.293 bed · 2 bath · 1,320 sqft
- STR revenue
- $91,514/yr
- Est. interest-only payment
- $4,723/mo
On the market 136 days · Listed by EXP Realty, LLC
Scout this home & market: 3-bed house in Miami
As of October 2026, we analyzed 7,597 active for-sale homes in Miami, Florida. The typical listing is priced at $628,000 and is projected to generate about $61,123 a year as a short-term rental.
After setting aside an estimated 20% for operating costs, an estimated 28.9% of those homes could still cover an investor mortgage payment on short-term-rental income — below the 53.1% median across the 200 major metros we track, ranking Miami #172 of 200 for cash-flow potential.
On market momentum: homes in Miami sit a median of 88 days on the market, and 20% 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: 503 of the 5,399 Miami homes, condos and townhomes we can price confidently clear a DSCR of 1.25. Nine in ten of them are priced under $748,000.
| Price | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| $150k–$250k | 6%0.90 | 53%1.26 | 100%1.69 | — | — |
| $250k–$350k | 3%0.84 | 16%1.01 | 68%1.37 | — | — |
| $350k–$500k | 1%0.77 | 5%0.78 | 33%1.12 | 92%1.55 | — |
| $500k+ | 0%0.56 | 0%0.57 | 3%0.72 | 15%0.88 | 25%0.94 |
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 | 7,597 |
|---|---|
| Median list price | $628,000 |
| Median projected STR revenue (annual, gross) | $61,123 |
| Median average daily rate (ADR) | $262 |
| Median occupancy | 64% |
| Median beds | 2 |
| Median size | 1,233 sqft |
| Estimated cash-flow-positive share | 28.9% |
| Median days on market | 88 days |
| New listings (last 30 days) | 20.1% of active |
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Estimates for educational purposes. Final terms subject to credit, property & program approval.
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