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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 1300 SW 122nd Ave APT 302-2, Miami, FL, 33184 offers a 11.05% rental yield on a $320,000 purchase with $2,946/mo rent. Total monthly income registers $2,946/mo, and a $1,566/mo payment leaves $380/mo available for distribution. Annual cash flow reaches $4,556/yr on $106,080 to close, and return on cash invested stands at 24.2% in year one. Equity gained on principal adds $2,065/yr while 5% annual appreciation supports $88,410 over five years. Portfolio math shows five-year ROI at 128.28% and total cumulative return in cash at $136,083. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,946/mo property income against a $1,566/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1984
N/A lot
$N/A/sqft
$443 monthly HOA
Date | Event | Price |
|---|---|---|
| 2024-09-15 | Listed for sale | $320,000 |
| 1994-06-09 | Sold | $63,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-26 | $1316.66 | -23.48% | $145,225 | 3.00% |
| 2022-12-26 | $1720.62 | 0.62% | $140,996 | 3.00% |
| 2021-12-26 | $1710.00 | 1.54% | $136,890 | 1.40% |
Listed by: Domingo Henriquez • Estate Capital Group, Inc.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11659696
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.
