








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 15285 SW 107th Ln APT 218, Miami, FL, 33196 generates $2,548/mo in rent and, after a $1,395/mo payment, leaves $152/mo in cash flow. Total monthly income is $2,548/mo, and annual cash flow is $1,821/yr on $94,478 invested. Return on cash invested sits at 21.84% in year one, and rental yield is 10.73% on a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 116.09% and total cumulative return in cash sums $109,674. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,548/mo property income rather than buyer’s personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
$446 monthly HOA
Neighborhood data shown for ZIP Code: 33196, Miami, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,647 (100%) |
| Owner Occupied HU | 11,084 (62.8%) |
| Renter Occupied HU | 5,630 (31.9%) |
| Vacant Housing Units | 933 ( 5.3%) |
| Median Home Value | $488,028 |
| Average Home Value | $533,929 |
Residential
17,517
Single Family
13,976
Multi-Family
3,541
Businesses
524
Date | Event | Price |
|---|---|---|
| 2024-12-12 | Price change | $285,000 |
| 2024-11-12 | Price change | $299,900 |
| 2024-10-24 | Listed for sale | $310,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $3244.57 | 15.99% | $178,717 | 10.00% |
| 2022-02-13 | $2797.20 | 7.28% | $162,470 | 10.00% |
| 2021-02-13 | $2607.28 | 6.70% | $147,700 | 7.03% |



Listed by: Alex Estevez • Equinox Real Estate Group Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11676831
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.