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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 Palmetto Bay at 15503 SW 74th Pl, Palmetto Bay, FL, 33157 projects strong ROI of 5.34%. Rental yield 3.18%. With 5% annual appreciation, the property builds $731,870 in value over five years. Equity growth combined delivers a projected five-year ROI of 25.3%, translating into $217,159 in total cumulative return on $858,276 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1989
0.49 Acres lot
$N/A/sqft
$2,300 annually HOA
Neighborhood data shown for ZIP Code: 33157, Miami, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,092 (100%) |
| Owner Occupied HU | 15,135 (62.8%) |
| Renter Occupied HU | 7,769 (32.2%) |
| Vacant Housing Units | 1,188 ( 4.9%) |
| Median Home Value | $556,743 |
| Average Home Value | $620,214 |
Residential
24,073
Single Family
19,662
Multi-Family
4,411
Businesses
2,254
Date | Event | Price |
|---|---|---|
| 2013-04-16 | Listing removed | $799,000 |
| 2012-11-30 | Price change | $799,000 |
| 2012-06-19 | Listed for sale | $849,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-16 | $11013.68 | 3.86% | $633,772 | 3.00% |
| 2023-07-16 | $10604.68 | 3.52% | $615,313 | 3.00% |
| 2022-07-16 | $10244.48 | 0.04% | $597,392 | 3.00% |
Listed by: M Claudia Hersman • Brown Harris Stevens
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11841009
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.
