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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 13850 SW 62nd St APT 109, Miami, FL, 33183 uses $110,390 cash to close to unlock $4,818/yr annual cash flow and $401/mo monthly cash flow. Total monthly income runs $2,946/mo, and a $1,630/mo payment keeps the spread at $401/mo. Purchase price stands at $333,000, and rental yield measures 10.62% with $2,946/mo rent. Return on cash invested shows 24.27% in year one, and 5% annual appreciation builds toward $92,002 over five years. Five-year ROI reaches 128.17% and total cumulative return in cash records $141,485. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,946/mo property income covering a $1,630/mo payment rather than investor’s personal income.
Condo
Built in 1982
N/A lot
$N/A/sqft
$276 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 |
|---|---|---|
| 2025-08-26 | Sold | $333,000 |
| 2025-07-22 | Listing removed | $2,500 |
| 2025-07-15 | Listed for rent | $2,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-07 | $3667.40 | 22.57% | $215,300 | 45.58% |
| 2023-10-07 | $2992.12 | 24.55% | $147,896 | 10.00% |
| 2022-10-07 | $2402.30 | 2.04% | $134,451 | 10.00% |
Listed by: Reynaldo Acle • Brokernation Real Estate Doral
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11341848
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.
