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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 13067 SW 88th Ter S #204-A, Miami, FL, 33186 offers a 8.18% rental yield on a $285,000 purchase with $1,943/mo rent. 46% in year one. Equity gained on principal adds $1,839/yr while 5% annual appreciation supports $78,740 over five years. Portfolio math shows five-year ROI at 66.44% and total cumulative return in cash at $62,766. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,943/mo property income against a $1,395/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1988
N/A lot
$N/A/sqft
$638 monthly 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 |
|---|---|---|
| 2024-12-27 | Price change | $285,000 |
| 2024-11-20 | Price change | $300,000 |
| 2024-11-14 | Price change | $310,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $640.70 | 6.95% | $77,749 | 3.00% |
| 2022-02-13 | $599.07 | -0.71% | $75,485 | 3.00% |
| 2021-02-13 | $603.37 | 0.52% | $73,287 | 1.40% |
Listed by: Francisco Cepero • Lifestyle International Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11679745
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.
