Is Miami Gardens, FL a good place to invest in rental property?

Miami Gardens, FL has a median modeled monthly cash flow of $-1,273 and a median cap rate of 3.1%, on a median sold price of $470,000. Prices changed -2.1% year over year.

What is the average cap rate in Miami Gardens, FL?

The median cap rate across recently sold homes in Miami Gardens, FL is 3.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Miami Gardens, FL?

The median sold price in Miami Gardens, FL is $470,000 (about $332 per square foot).

Investing in Miami Gardens, FL Real Estate

A data-driven snapshot of the Miami Gardens, FL rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$470,000Median sold price

$332Median $/sqft

3.1%Median cap rate

$-1,273Modeled cash flow / mo

-2.1%Appreciation YoY

57.4Months of supply

464Active listings

97Sold (last 12 mo)

What the Miami Gardens numbers say

In Miami Gardens, FL, the median home sold for $470,000 (about $332 per square foot), and the typical deal models out to a 3.1% cap rate with a median $-1,273 of monthly cash flow. Sold prices moved -2.1% over the past year. Inventory sits at about 57.4 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Florida markets to compare

See Miami Gardens cash-flowing listings

CashFlowRE ranks every for-sale home in Miami Gardens, FL by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Miami Gardens deals, or browse the national market data.