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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% |
Investment property for sale in Miami at 15320 SW 106th Ter APT 1118, Miami, FL, 33196 uses $99,119 cash to close to unlock $4,549/yr annual cash flow and $379/mo monthly cash flow. Total monthly income runs $2,911/mo, and a $1,463/mo payment keeps the spread at $379/mo. Purchase price stands at $299,000, and rental yield measures 11.68% with $2,911/mo rent. Return on cash invested shows 24.5% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 130.47% and total cumulative return in cash records $129,322. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,911/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
$517 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 |
|---|---|---|
| 2024-12-11 | Listed for rent | $2,150 |
| 2024-10-25 | Listed for sale | $299,000 |
| 2024-10-16 | Sold | $236,600 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-26 | $3033.60 | 16.52% | $158,343 | 10.00% |
| 2022-12-26 | $2603.57 | 7.19% | $143,949 | 10.00% |
| 2021-12-26 | $2428.85 | 8.28% | $130,863 | 10.00% |
Listed by: Adriana Morales • Florida Realty of Miami Corp
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11682170
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.
