








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 11040 SW 196th St APT 209, Miami, FL, 33157 earns from $2,094/mo rent with a $1,126/mo payment. Total monthly income totals $2,094/mo. ROI tracks 19.64% on current figures, and rental yield reads 10.93% at a $230,000 purchase. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,545 over five years. Five-year ROI reaches 105.4% and total cumulative return in cash sums $80,359. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,094/mo property income instead of your personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
$570 monthly HOA
Neighborhood data shown for ZIP Code: 33157, Miami, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,092 (100%) |
| Owner Occupied HU | 15,135 (62.8%) |
| Renter Occupied HU | 7,769 (32.2%) |
| Vacant Housing Units | 1,188 ( 4.9%) |
| Median Home Value | $556,743 |
| Average Home Value | $620,214 |
Residential
24,073
Single Family
19,662
Multi-Family
4,411
Businesses
2,254
Date | Event | Price |
|---|---|---|
| 2024-12-10 | Price change | $230,000 |
| 2024-12-02 | Price change | $245,000 |
| 2024-09-12 | Listing removed | $2,100 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-27 | $2218.39 | 14.58% | $90,568 | 10.00% |
| 2023-05-27 | $1936.15 | 24.06% | $82,335 | 10.00% |
| 2022-05-27 | $1560.61 | 15.81% | $74,850 | 10.00% |



Listed by: Otto Rivera • Estate Capital Group, Inc.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11810092
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.