








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 15560 SW 104th Ter APT 611, Miami, FL, 33196 listed at $305,000 pairs $2,897/mo rent with a $1,493/mo payment to leave $471/mo cash flow. Total monthly income runs $2,897/mo, and annual cash flow reaches $5,648/yr on $101,108 cash to close. Return on cash invested measures 25.5% in year one, and rental yield registers 11.4% at a $305,000 basis. Equity gained on principal adds $1,968/yr, and annual property appreciation at 5% supports $84,266 by year five. Five-year ROI tracks 135.11% and total cumulative return in cash totals $136,606. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,897/mo property income relative to a $1,493/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1989
N/A lot
$N/A/sqft
$380 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 |
|---|---|---|
| 2025-07-10 | Listed for sale | $305,000 |
| 2025-07-01 | Listing removed | $305,000 |
| 2025-05-28 | Price change | $305,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-10 | $2980.84 | 11.84% | $143,639 | 10.00% |
| 2023-07-10 | $2665.31 | 16.16% | $130,581 | 10.00% |
| 2022-07-10 | $2294.57 | 7.15% | $118,710 | 10.00% |



Listed by: Carlos Navas • Canvas Real Estate
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11832590
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.