Brickell Eviction Risk: Elevated , Miami

98% of occupied units are rented, so comparables are plentiful and vacancy risk is low, but a mispriced renewal loses the tenant to a building nearby. Annualized rent equals 46% of average household income of $37,480, past the 30% affordability line, which thins the margin any screening standard has to work with. The clearest offset is supply constraint at 1.2/10.

Severe burden reaches 25%. Those are renters paying half their income or more, and that is where non-payment filings originate. The poverty rate is 33%, which in this model reads as reduced rent-recovery odds after a judgment.

On the softer side, state political climate reads 1.5/10. On the high side, economic stress reads 8.3/10. Against the Miami-Dade County average of 4.6, this tract reads riskier for landlords by 1.4 points.

Average gross rent is $1,452, 17% below the Miami average. In the 1930s the federal Home Owners' Loan Corporation graded this ground C ("Definitely Declining"). Redlining cut off mortgage credit to whole blocks for decades, and the areas graded D still carry measurably lower ownership and higher rent burden today.

Nationally it ranks #18,163 of 84,120 for landlord eviction difficulty. Social vulnerability reads 7.4/10 on the CDC index, a measure of exposure to housing and economic shocks. Statewide the FL average is 4.1, so this tract runs 1.9 points hotter.

All figures here are ACS 5-year estimates for this tract, refreshed as the underlying releases land.