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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 11203 SW 88th St #208A, Miami, FL, 33173 earns $1,155/mo cash flow from $3,929/mo rent with a $1,713/mo payment. Total monthly income totals $3,929/mo, and annual cash flow totals $13,865/yr on $116,025 capital. ROI tracks 31.86% on current figures, and rental yield reads 13.47% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 169.23% and total cumulative return in cash sums $196,346. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,929/mo property income instead of your personal income.
Condo
Built in 1969
N/A lot
$N/A/sqft
$451 monthly HOA
Neighborhood data shown for ZIP Code: 33173, Miami, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,465 (100%) |
| Owner Occupied HU | 8,950 (61.9%) |
| Renter Occupied HU | 5,005 (34.6%) |
| Vacant Housing Units | 510 ( 3.5%) |
| Median Home Value | $505,237 |
| Average Home Value | $589,121 |
Residential
12,420
Single Family
9,415
Multi-Family
3,005
Businesses
939
Date | Event | Price |
|---|---|---|
| 2024-07-16 | Listed for rent | $2,750 |
| 2024-07-15 | Listed for sale | $350,000 |
| 2023-12-18 | Sold | $260,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-03 | $550.65 | 2.89% | $68,553 | 3.00% |
| 2022-09-03 | $535.19 | -1.37% | $66,557 | 3.00% |
| 2021-09-03 | $542.60 | 0.61% | $64,619 | 1.40% |
Listed by: Marcela Parker • Berkshire Hathaway HomeServices Florida Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11623647
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.
