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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 1350 SW 122nd Ave APT 304, Miami, FL, 33184 uses $124,312 cash to close to unlock $407/yr annual cash flow and $34/mo monthly cash flow. Total monthly income runs $3,120/mo, and a $1,835/mo payment keeps the spread at $34/mo. Purchase price stands at $374,999, and rental yield measures 9.98% with $3,120/mo rent. Return on cash invested shows 20.24% in year one, and 5% annual appreciation builds toward $103,605 over five years. Five-year ROI reaches 107.26% and total cumulative return in cash records $133,335. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,120/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
$598 monthly HOA
Date | Event | Price |
|---|---|---|
| 2024-09-04 | Price change | $374,999 |
| 2024-08-05 | Listed for sale | $399,000 |
| 2010-08-08 | Listing removed | $210,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-05 | $1130.00 | 5.21% | $106,029 | 3.00% |
| 2022-09-05 | $1074.02 | 1.18% | $102,941 | 3.00% |
| 2021-09-05 | $1061.52 | 1.80% | $99,943 | 1.40% |
Listed by: Paula Barrera • BHHS EWM Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11633126
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.
