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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Miami at 10661 SW 108th Ave APT 3H, Miami, FL, 33176 generates $2,981/mo in rent and, after a $1,517/mo payment, leaves $357/mo in cash flow. Total monthly income is $2,981/mo, and annual cash flow is $4,284/yr on $102,765 invested. Return on cash invested sits at 24.08% in year one, and rental yield is 11.54% on a $310,000 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 128.16% and total cumulative return in cash sums $131,707. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,981/mo property income rather than buyer’s personal income.
Condo
Built in 1975
N/A lot
$N/A/sqft
$525 monthly HOA
Neighborhood data shown for ZIP Code: 33176, Miami, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,588 (100%) |
| Owner Occupied HU | 12,744 (68.6%) |
| Renter Occupied HU | 5,081 (27.3%) |
| Vacant Housing Units | 763 ( 4.1%) |
| Median Home Value | $656,787 |
| Average Home Value | $712,741 |
Residential
19,637
Single Family
15,040
Multi-Family
4,597
Businesses
1,561
Date | Event | Price |
|---|---|---|
| 2024-12-04 | Listed for sale | $310,000 |
| 2012-11-01 | Sold | $66,000 |
| 2004-05-20 | Sold | $130,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $3265.65 | 18.72% | $177,540 | 10.00% |
| 2022-02-13 | $2750.80 | 381.62% | $161,400 | 134.97% |
| 2021-02-13 | $571.15 | 0.57% | $68,691 | 1.40% |
Listed by: Ronald Erick • LPT Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11702666
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.
