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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 13412 SW 116th Ct, Miami, FL, 33176 generates $5,002/mo in rent and, after a $2,883/mo payment, leaves $890/mo in cash flow. Total monthly income is $5,002/mo, and annual cash flow is $10,683/yr on $193,781 invested. Return on cash invested sits at 25.57% in year one, and rental yield is 10.19% on a $589,000 entry. Equity gained on principal adds $3,801/yr, while 5% annual appreciation builds toward $162,730 over five years. Five-year ROI reaches 134.24% and total cumulative return in cash sums $260,138. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,002/mo property income rather than buyer’s personal income.
Single Family
Built in 1987
4,895 sqft lot
$N/A/sqft
$119 monthly HOA
Neighborhood data shown for ZIP Code: 33176, Miami, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,588 (100%) |
| Owner Occupied HU | 12,744 (68.6%) |
| Renter Occupied HU | 5,081 (27.3%) |
| Vacant Housing Units | 763 ( 4.1%) |
| Median Home Value | $656,787 |
| Average Home Value | $712,741 |
Residential
19,637
Single Family
15,040
Multi-Family
4,597
Businesses
1,561
Date | Event | Price |
|---|---|---|
| 2025-02-12 | Listed for sale | $589,000 |
| 2007-08-06 | Sold | $233,000 |
| 2003-06-25 | Sold | $140,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $6251.09 | 11.20% | $316,992 | 10.00% |
| 2022-02-13 | $5621.55 | 10.22% | $288,175 | 10.00% |
| 2021-02-13 | $5100.34 | 5.78% | $261,978 | 10.00% |
Listed by: John Clark PA • Keller Williams Miami Beach
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11743629
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.
