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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 14250 SW 62nd St APT 213, Miami, FL, 33183 generates $2,880/mo in rent and, after a $1,434/mo payment, leaves $301/mo in cash flow. Total monthly income is $2,880/mo, and annual cash flow is $3,608/yr on $97,130 invested. Return on cash invested sits at 23.62% in year one, and rental yield is 11.8% on a $293,000 entry. Equity gained on principal adds $1,891/yr, while 5% annual appreciation builds toward $80,951 over five years. Five-year ROI reaches 126.2% and total cumulative return in cash sums $122,578. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,880/mo property income rather than buyer’s personal income.
Condo
Built in 1976
N/A lot
$N/A/sqft
$635 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 |
|---|---|---|
| 2024-06-06 | Listed for sale | $293,000 |
| 2018-10-04 | Listing removed | $1,600 |
| 2018-09-03 | Listed for rent | $1,600 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-05 | $1664.31 | 4.48% | $136,380 | 3.00% |
| 2022-09-05 | $1592.93 | 0.70% | $132,408 | 3.00% |
| 2021-09-05 | $1581.88 | 1.56% | $128,552 | 1.40% |
Listed by: Margend Palacios PA • Sellstate Powerhouse Real Estate Group
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11602111
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.
