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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 13063 SW 88th Ter S #201-B, Miami, FL, 33186 offers a 9.49% rental yield on a $349,900 purchase with $2,766/mo rent. Total monthly income registers $2,766/mo, and a $1,713/mo payment leaves $444/mo available for distribution. Annual cash flow reaches $5,323/yr on $115,992 to close, and return on cash invested stands at 24.5% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,671 over five years. Portfolio math shows five-year ROI at 128.05% and total cumulative return in cash at $148,530. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,766/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33186, Miami, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,605 (100%) |
| Owner Occupied HU | 16,522 (67.1%) |
| Renter Occupied HU | 7,348 (29.9%) |
| Vacant Housing Units | 735 ( 3.0%) |
| Median Home Value | $505,053 |
| Average Home Value | $567,931 |
Residential
25,085
Single Family
19,902
Multi-Family
5,183
Businesses
4,623
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Rosaluz Flores • Prestige Properties Internatio
Mls Name: MIAMI
Mls ID: #A11855518
