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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% |
Rental property for sale in Miami at 13220 SW 58th Ter UNIT 16-3, Miami, FL, 33183 generates $2,927/mo in rent and, after a $1,762/mo payment, leaves $360/mo in cash flow. Total monthly income is $2,927/mo, and annual cash flow is $4,322/yr on $119,307 invested. Return on cash invested sits at 23.53% in year one, and rental yield is 9.76% on a $359,900 entry. Equity gained on principal adds $2,322/yr, while 5% annual appreciation builds toward $99,434 over five years. Five-year ROI reaches 123.53% and total cumulative return in cash sums $147,374. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,927/mo property income rather than buyer’s personal income.
Townhouse
Built in 1983
N/A lot
$N/A/sqft
$178 monthly HOA
Neighborhood data shown for ZIP Code: 33183, Miami, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,381 (100%) |
| Owner Occupied HU | 9,138 (68.3%) |
| Renter Occupied HU | 3,958 (29.6%) |
| Vacant Housing Units | 285 ( 2.1%) |
| Median Home Value | $478,717 |
| Average Home Value | $539,644 |
Residential
12,533
Single Family
9,515
Multi-Family
3,018
Businesses
500
Date | Event | Price |
|---|---|---|
| 2025-01-27 | Price change | $359,900 |
| 2025-01-14 | Price change | $369,975 |
| 2025-01-08 | Price change | $370,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $561.93 | 2.93% | $70,235 | 3.00% |
| 2022-02-13 | $545.95 | -1.40% | $68,190 | 3.00% |
| 2021-02-13 | $553.72 | 0.60% | $66,204 | 1.40% |
Listed by: Jeffrey Margolis • RE Florida Homes
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11706213
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.
