Disclaimer: Rate data updated April 14, 2026. Rates change daily — contact lenders directly for current quotes. DSCRFinder.com does not guarantee rate accuracy.
DSCR Loan Rates in Miami — 2026
Miami is one of the most dynamic real estate investment markets in the US. International demand, a booming finance and tech sector (Brickell's "Wall Street South"), strong tourism, and a large permanent renter population make Miami a compelling DSCR loan market — despite high purchase prices.
Current DSCR rates in Miami range from 7.15% to 8.75% for most investor profiles.
Miami DSCR Rate Table — April 2026
| Borrower Profile | DSCR | FICO | Down Payment | Rate Range | |---|---|---|---|---| | Best-qualified | 1.25+ | 740+ | 30%+ | 7.15% – 7.50% | | Standard | 1.0–1.24 | 680–719 | 20–25% | 7.75% – 8.25% | | Moderate | 0.75–0.99 | 660–679 | 20% | 8.25% – 8.50% |
Miami Submarket DSCR Guide
| Submarket | Price Range | Monthly Rent | Est. DSCR | Best For | |---|---|---|---|---| | Hialeah | $380,000–$520,000 | $2,400–$3,100 | 1.00–1.20 | Best DSCR in Miami-Dade | | Miami Lakes / Doral | $420,000–$580,000 | $2,600–$3,300 | 0.95–1.15 | Corporate / airport | | Little Havana | $400,000–$560,000 | $2,300–$3,000 | 0.90–1.10 | Cultural rental demand | | Brickell / Downtown | $500,000–$900,000+ | $2,800–$4,500 | 0.80–1.00 | Professional rentals | | Miami Beach | $700,000–$2,000,000+ | STR: $5,000–$15,000/mo | STR-dependent | STR premium market | | Kendall / Cutler Bay | $400,000–$560,000 | $2,400–$3,100 | 1.00–1.20 | Suburban families |
The Miami Insurance Challenge
Miami-Dade insurance costs are among the highest in the US. A standard SFR in Miami can cost $4,000–$8,000+/year in insurance (wind + flood). This is the #1 factor that reduces DSCR ratios in Miami compared to other Florida markets.
Always get an insurance quote before calculating DSCR — insurance costs can reduce your ratio by 0.15–0.30.
Miami Condo DSCR Loans
Miami has a large condo market, but DSCR loans for condos come with complications:
- Many Miami condos have warrantability issues (investor concentration, pending litigation, special assessments)
- HOA fees of $600–$2,000+/month significantly impact PITIA
- Find lenders experienced with non-warrantable Miami condos — rate premiums of 0.25%–0.75% apply
- High-rise condos near the beach often have the highest fees and insurance
Miami STR Market
Miami Beach has a complex STR regulatory environment. The City of Miami Beach restricts short-term rentals in most residential areas, though certain zones allow them. Unincorporated Miami-Dade allows STRs with proper licensing.
For STR DSCR loans in Miami, use lenders that accept AirDNA market rental income documentation.
Related: DSCR Rates Florida | Current DSCR Rates April 2026 | DSCR Loans for STR | Compare Lenders
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