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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 1221 SW 122nd Ave APT 217, Miami, FL, 33184 uses $76,212 cash to close to unlock $21,897/yr annual cash flow and $1,825/mo monthly cash flow. Total monthly income runs $4,164/mo, and a $1,125/mo payment keeps the spread at $1,825/mo. Purchase price stands at $229,900, and rental yield measures 21.73% with $4,164/mo rent. Return on cash invested shows 48.64% in year one, and 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 262.16% and total cumulative return in cash records $199,799. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,164/mo property income covering a $1,125/mo payment rather than investor’s personal income.
Condo
Built in 1988
N/A lot
$N/A/sqft
$720 monthly HOA
Date | Event | Price |
|---|---|---|
| 2021-06-17 | Listing removed | N/A |
| 2021-05-25 | Listed for rent | $1,699 |
| 2020-01-06 | Sold | $145,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-05 | $3171.77 | 13.19% | $180,532 | 10.00% |
| 2022-09-05 | $2802.17 | 8.22% | $164,120 | 13.03% |
| 2021-09-05 | $2589.40 | 10.86% | $145,200 | 10.00% |
Listed by: Chad Levin • RE/MAX Advance Realty II
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11582482
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.
