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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 1121 SW 122nd Ave APT 413-2, Miami, FL, 33184 generates $2,809/mo in rent and, after a $1,468/mo payment, leaves $494/mo in cash flow. Total monthly income is $2,809/mo, and annual cash flow is $5,933/yr on $99,417 invested. Return on cash invested sits at 25.88% in year one, and rental yield is 11.24% on a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 136.86% and total cumulative return in cash sums $136,060. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,809/mo property income rather than buyer’s personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
$300 monthly HOA
Date | Event | Price |
|---|---|---|
| 2024-12-17 | Listed for sale | $299,900 |
| 2024-08-04 | Listing removed | N/A |
| 2024-07-03 | Listed for sale | $279,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-25 | $2961.32 | 14.26% | $161,414 | 10.00% |
| 2022-12-25 | $2591.83 | 10.22% | $146,740 | 10.00% |
| 2021-12-25 | $2351.59 | 4.73% | $133,400 | 5.04% |
Listed by: Yaquelin Lorenzo • Florida Realty of Miami Corp
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11711034
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.
