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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 15551 SW 104th Ter APT 812, Miami, FL, 33196 offers a 11.81% rental yield on a $230,000 purchase with $2,264/mo rent. Total monthly income registers $2,264/mo, and a $1,126/mo payment leaves $681/mo available for distribution. Annual cash flow reaches $8,168/yr on $76,245 to close, and return on cash invested stands at 30.62% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,545 over five years. Portfolio math shows five-year ROI at 161.2% and total cumulative return in cash at $122,911. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,264/mo property income against a $1,126/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1989
N/A lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-01-24 | Listed for sale | $230,000 |
| 2024-06-29 | Listing removed | $238,000 |
| 2024-05-21 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $2728.72 | 23.31% | $159,322 | 24.22% |
| 2022-02-13 | $2212.96 | 7.32% | $128,260 | 10.00% |
| 2021-02-13 | $2062.01 | 8.61% | $116,600 | 8.97% |
Listed by: Edwin Ballon • Florida Realty of Miami Corp
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11731624
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.
