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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 13601 SW 118th Path, Miami, FL, 33186 generates $4,373/mo in rent, after a $3,328/mo payment. Total monthly income is $4,373/mo. Return on cash invested sits at 17.92% in year one, and rental yield is 7.72% on a $680,000 entry. Equity gained on principal adds $4,388/yr, while 5% annual appreciation builds toward $187,871 over five years. Five-year ROI reaches 93.25% and total cumulative return in cash sums $208,620. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,373/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
5,233 sqft lot
$N/A/sqft
$204 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 |
|---|---|---|
| 2024-10-31 | Price change | $680,000 |
| 2024-10-09 | Price change | $699,000 |
| 2024-09-30 | Listed for sale | $720,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $6716.85 | 3.77% | $401,960 | 3.00% |
| 2022-02-13 | $6472.78 | 165.36% | $390,253 | 117.46% |
| 2021-02-13 | $2439.21 | 1.36% | $179,456 | 1.40% |
Listed by: Juan Fernandez • Luxe Properties
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11668527
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.
