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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 15260 SW 9th Way UNIT 0, Miami, FL, 33194 generates $4,320/mo in rent and, after a $2,883/mo payment, leaves $261/mo in cash flow. Total monthly income is $4,320/mo, and annual cash flow is $3,134/yr on $193,781 invested. Return on cash invested sits at 21.68% in year one, and rental yield is 8.8% on a $589,000 entry. Equity gained on principal adds $3,801/yr, while 5% annual appreciation builds toward $162,730 over five years. Five-year ROI reaches 113.24% and total cumulative return in cash sums $219,434. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,320/mo property income rather than buyer’s personal income.
Townhouse
Built in 2004
N/A lot
$N/A/sqft
$150 monthly HOA
Neighborhood data shown for ZIP Code: 33194, Miami, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,509 (100%) |
| Owner Occupied HU | 1,201 (79.6%) |
| Renter Occupied HU | 275 (18.2%) |
| Vacant Housing Units | 33 ( 2.2%) |
| Median Home Value | $536,706 |
| Average Home Value | $544,425 |
Residential
1,588
Single Family
1,415
Multi-Family
173
Businesses
372
Date | Event | Price |
|---|---|---|
| 2024-08-29 | Listed for sale | $589,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: David Witt • Florida Realty of Miami Corp
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11649915
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.
