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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 13700 SW 62nd St APT 226, Miami, FL, 33183 earns from $2,092/mo rent with a $1,468/mo payment. Total monthly income totals $2,092/mo. ROI tracks 12.96% on current figures, and rental yield reads 8.37% at a $300,000 purchase. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,884 over five years. Five-year ROI reaches 69.1% and total cumulative return in cash sums $68,724. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,092/mo property income instead of your personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
$606 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 |
|---|---|---|
| 2024-12-11 | Price change | $300,000 |
| 2024-11-14 | Listed for sale | $330,000 |
| 1993-12-01 | Sold | $49,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $3527.63 | 19.01% | $188,092 | 10.00% |
| 2022-02-13 | $2964.20 | 2.33% | $170,993 | 10.00% |
| 2021-02-13 | $2896.80 | 9.49% | $155,449 | 10.00% |
Listed by: Oscar Otero • United Dream Real Estate
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11692943
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.
