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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 13241 SW 17th Ln APT 23-4, Miami, FL, 33175 generates $2,760/mo in rent and, after a $1,473/mo payment, leaves $763/mo in cash flow. Total monthly income is $2,760/mo, and annual cash flow is $9,153/yr on $99,782 invested. Return on cash invested sits at 29.08% in year one, and rental yield is 11% on a $301,000 entry. Equity gained on principal adds $1,942/yr, while 5% annual appreciation builds toward $83,161 over five years. Five-year ROI reaches 152.63% and total cumulative return in cash sums $152,294. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,760/mo property income rather than buyer’s personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33175, Miami, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,617 (100%) |
| Owner Occupied HU | 13,266 (79.8%) |
| Renter Occupied HU | 3,162 (19.0%) |
| Vacant Housing Units | 189 ( 1.1%) |
| Median Home Value | $548,994 |
| Average Home Value | $596,120 |
Residential
17,380
Single Family
14,605
Multi-Family
2,775
Businesses
888
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: Gerry Young • INMO Brokers Group, LLC.
Mls Name: MIAMI
Mls ID: #A11910835
