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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 Miami at 10804 SW 88th St APT P14, Miami, FL, 33176 offers a 11.82% rental yield on a $269,000 purchase with $2,650/mo rent. Total monthly income registers $2,650/mo, and a $1,317/mo payment leaves $361/mo available for distribution. Annual cash flow reaches $4,338/yr on $89,174 to close, and return on cash invested stands at 24.77% in year one. Equity gained on principal adds $1,736/yr while 5% annual appreciation supports $74,320 over five years. Portfolio math shows five-year ROI at 132% and total cumulative return in cash at $117,707. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,650/mo property income against a $1,317/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1968
N/A lot
$N/A/sqft
$503 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 |
|---|---|---|
| 2025-06-05 | Listed for sale | $269,000 |
| 2025-05-30 | Listing removed | $275,000 |
| 2025-05-13 | Listed for rent | $2,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Joanne Jervis • Fortune Christie's Intl R.E.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11814304
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.
