








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 Doral at 11501 NW 89th St APT 209, Doral, FL, 33178 listed at $450,000 pairs $3,606/mo rent with a $2,203/mo payment. Total monthly income runs $3,606/mo. Return on cash invested measures 19.45% in year one, and rental yield registers 9.62% at a $450,000 basis. Equity gained on principal adds $2,904/yr, and annual property appreciation at 5% supports $124,327 by year five. Five-year ROI tracks 102.93% and total cumulative return in cash totals $153,546. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,606/mo property income relative to a $2,203/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2011
N/A lot
$N/A/sqft
$525 monthly HOA
Neighborhood data shown for ZIP Code: 33178, Miami, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,690 (100%) |
| Owner Occupied HU | 10,605 (44.8%) |
| Renter Occupied HU | 10,587 (44.7%) |
| Vacant Housing Units | 2,498 (10.5%) |
| Median Home Value | $596,213 |
| Average Home Value | $667,251 |
Residential
23,393
Single Family
17,376
Multi-Family
6,017
Businesses
2,697
Date | Event | Price |
|---|---|---|
| 2024-04-02 | Listed for sale | $450,000 |
| 2022-09-02 | Sold | $229,300 |
| 2022-03-29 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $5826.81 | 24.90% | $286,150 | 34.09% |
| 2022-02-13 | $4665.04 | 6.56% | $213,400 | 10.00% |
| 2021-02-13 | $4377.66 | 1.37% | $194,000 | N/A |



Listed by: Ennio De Vita • Meridien Real Estate Group
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11559566
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.