home in Miami, FL
This 3,125-square-foot home in Miami, FL includes 4 bedrooms and 4 bathrooms.
| Price | $2,300,000 |
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| Beds | 4 |
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| Baths | 4 |
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| Sqft | 3125 |
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| Address | 6434 SW 38th St, Miami, FL 33155 |
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Why buy this home
- Links directly to the original source listing on Zillow.
Is this a good buy?
Priced a little above the area.
- New to market (2 days), so expect competition.
Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $15,196/month with 20% down at a 7.28% 30-year fixed rate. You would need about $651,265 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $12,590/mo |
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| Property tax (new-buyer reassessed rate) | $1,744/mo |
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| Homeowners insurance | $863/mo |
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| Total monthly | $15,196/mo |
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| Down payment (20%) | $460,000 |
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| Income needed | $651,265/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home A- (83 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | A- (83/100) |
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| Beats renting in | 56% of modeled paths |
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| Modeled 5-yr equity (median) | $1,605,422 |
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| Range (10th to 90th pct) | $1,082,747 to $2,224,245 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Miami, FL where local data is thin.
Local home values
Typical home values in Miami, FL have risen about 30% over the past 5 years (0% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Zillow