




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 15318 SW 23rd St, Miami, FL, 33185 offers a 10.63% rental yield on a $593,476 purchase with $5,258/mo rent. Total monthly income registers $5,258/mo, and a $2,905/mo payment leaves $1,171/mo available for distribution. Annual cash flow reaches $14,055/yr on $195,254 to close, and return on cash invested stands at 27.26% in year one. Equity gained on principal adds $3,830/yr while 5% annual appreciation supports $163,966 over five years. Portfolio math shows five-year ROI at 143.16% and total cumulative return in cash at $279,531. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,258/mo property income against a $2,905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in 2004
5,227 sqft lot
$N/A/sqft
$70 monthly HOA
Neighborhood data shown for ZIP Code: 33185, Miami, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,360 (100%) |
| Owner Occupied HU | 7,020 (84.0%) |
| Renter Occupied HU | 1,228 (14.7%) |
| Vacant Housing Units | 112 ( 1.3%) |
| Median Home Value | $575,261 |
| Average Home Value | $630,054 |
Residential
8,610
Single Family
8,550
Multi-Family
60
Businesses
236
Date | Event | Price |
|---|---|---|
| 2025-04-30 | Listing removed | $950,000 |
| 2024-09-10 | Price change | $950,000 |
| 2024-04-25 | Price change | $995,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-10 | $6217.55 | 4.58% | $305,203 | 3.00% |
| 2023-10-10 | $5945.30 | 3.31% | $296,314 | 3.00% |
| 2022-10-10 | $5754.84 | 0.50% | $287,684 | 3.00% |



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A