








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 1450 Brickell Bay Dr APT 1606, Miami, FL, 33131 offers a 11.31% rental yield on a $535,000 purchase with $5,044/mo rent. Total monthly income registers $5,044/mo, and a $2,619/mo payment leaves $1,493/mo available for distribution. Annual cash flow reaches $17,919/yr on $176,015 to close, and return on cash invested stands at 30.24% in year one. Equity gained on principal adds $3,452/yr while 5% annual appreciation supports $147,811 over five years. Portfolio math shows five-year ROI at 158.82% and total cumulative return in cash at $279,544. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,044/mo property income against a $2,619/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33131, Miami, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,011 (100%) |
| Owner Occupied HU | 5,504 (29.0%) |
| Renter Occupied HU | 9,843 (51.8%) |
| Vacant Housing Units | 3,664 (19.3%) |
| Median Home Value | $721,381 |
| Average Home Value | $849,940 |
Residential
17,448
Single Family
3
Multi-Family
17,445
Businesses
2,221
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Mauricio Siman • Global Investment Prop. Inc.
Mls Name: MIAMI
Mls ID: #A11930477