








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Miami at 10441 Mahogany Key Cir APT 103, Miami, FL, 33196 uses $95,804 cash to close to unlock $2,293/yr annual cash flow and $191/mo monthly cash flow. Total monthly income runs $2,803/mo, and a $1,415/mo payment keeps the spread at $191/mo. Purchase price stands at $289,000, and rental yield measures 11.64% with $2,803/mo rent. Return on cash invested shows 22.3% in year one, and 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 119.47% and total cumulative return in cash records $114,458. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,803/mo property income covering a $1,415/mo payment rather than investor’s personal income.
Condo
Built in 1985
N/A lot
$N/A/sqft
$670 monthly HOA
Neighborhood data shown for ZIP Code: 33196, Miami, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,647 (100%) |
| Owner Occupied HU | 11,084 (62.8%) |
| Renter Occupied HU | 5,630 (31.9%) |
| Vacant Housing Units | 933 ( 5.3%) |
| Median Home Value | $488,028 |
| Average Home Value | $533,929 |
Residential
17,517
Single Family
13,976
Multi-Family
3,541
Businesses
524
Date | Event | Price |
|---|---|---|
| 2024-12-19 | Listing removed | $2,190 |
| 2024-12-03 | Price change | $289,000 |
| 2024-11-24 | Price change | $2,190 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $2856.00 | 13.16% | $151,492 | 10.00% |
| 2022-02-13 | $2523.83 | 14.02% | $137,720 | 10.00% |
| 2021-02-13 | $2213.44 | -5.26% | $125,200 | -5.01% |



Listed by: Efraim Spak • Beachfront Realty Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11672783
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.