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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 Palmetto Bay at 14500 SW 88th Ave APT 213, Palmetto Bay, FL, 33176 generates $1,555/mo in rent and, after a $954/mo payment, leaves $261/mo in cash flow. Total monthly income is $1,555/mo, and annual cash flow is $3,136/yr on $64,643 invested. Return on cash invested sits at 24.76% in year one, and rental yield is 9.57% on a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 129.48% and total cumulative return in cash sums $83,698. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,555/mo property income rather than buyer’s personal income.
Condo
Built in 1969
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33176, Miami, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,588 (100%) |
| Owner Occupied HU | 12,744 (68.6%) |
| Renter Occupied HU | 5,081 (27.3%) |
| Vacant Housing Units | 763 ( 4.1%) |
| Median Home Value | $656,787 |
| Average Home Value | $712,741 |
Residential
19,637
Single Family
15,040
Multi-Family
4,597
Businesses
1,561
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: Maria Medina • Aria Global Realty, Inc.
Mls Name: MIAMI
Mls ID: #A11859283
