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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% |
Investment property for sale in Biscayne Park at 10733 NE 9th Ave, Biscayne Park, FL, 33161 earns $345/mo cash flow from $6,965/mo rent with a $4,547/mo payment. Total monthly income totals $6,965/mo, and annual cash flow totals $4,137/yr on $305,641 capital. ROI tracks 21.41% on current figures, and rental yield reads 9% at a $929,000 purchase. Equity gained on principal adds $5,995/yr, and 5% annual appreciation supports $256,666 over five years. Five-year ROI reaches 112.11% and total cumulative return in cash sums $342,656. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,965/mo property income instead of your personal income.
Multi Family
Built in 1947
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33161, Miami, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,055 (100%) |
| Owner Occupied HU | 7,835 (39.1%) |
| Renter Occupied HU | 10,594 (52.8%) |
| Vacant Housing Units | 1,626 ( 8.1%) |
| Median Home Value | $506,588 |
| Average Home Value | $542,699 |
Residential
17,553
Single Family
10,194
Multi-Family
7,359
Businesses
1,270
Date | Event | Price |
|---|---|---|
| 2024-06-14 | Listed for sale | $929,000 |
| 2022-10-24 | Listing removed | N/A |
| 2022-09-14 | Listed for rent | $2,250 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-04 | $13734.33 | 29.28% | $378,007 | 10.00% |
| 2022-09-04 | $10623.44 | 7.44% | $343,643 | 10.00% |
| 2021-09-04 | $9888.13 | 15.98% | $312,403 | 10.00% |
Listed by: Ben Ben-ezra • SELLSTATE 360 REALTY
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10446084
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
