








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 13870 SW 62nd St APT 201, Miami, FL, 33183 generates $3,773/mo in rent and, after a $1,786/mo payment, leaves $930/mo in cash flow. Total monthly income is $3,773/mo, and annual cash flow is $11,163/yr on $120,998 invested. Return on cash invested sits at 29.14% in year one, and rental yield is 12.4% on a $365,000 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 154.44% and total cumulative return in cash sums $186,871. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,773/mo property income rather than buyer’s personal income.
Condo
Built in 1982
N/A lot
$N/A/sqft
$421 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 |
|---|---|---|
| 2024-10-31 | Listed for sale | $365,000 |
| 2024-08-28 | Listing removed | N/A |
| 2024-08-21 | Listed for sale | $365,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-26 | $2146.80 | 4.16% | $164,594 | 3.00% |
| 2022-12-26 | $2061.12 | -3.39% | $159,800 | N/A |
| 2021-12-26 | $2133.34 | 45.05% | $159,800 | 31.21% |



Listed by: Armando Dominguez Lambert • SEI Brokers Corporation
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11645424
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.