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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 15661 SW 29th Ter, Miami, FL, 33185 listed at $980,000 pairs $5,794/mo rent with a $4,797/mo payment. Total monthly income runs $5,794/mo. Return on cash invested measures 14.66% in year one, and rental yield registers 7.09% at a $980,000 basis. Equity gained on principal adds $6,324/yr, and annual property appreciation at 5% supports $270,756 by year five. Five-year ROI tracks 76.25% and total cumulative return in cash totals $245,832. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,794/mo property income relative to a $4,797/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
0.36 Acres lot
$N/A/sqft
$215 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 |
|---|---|---|
| 2024-08-26 | Price change | $980,000 |
| 2024-08-02 | Price change | $1,050,000 |
| 2024-07-27 | Listed for sale | $1,025,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-05 | $15039.11 | 27.59% | $795,233 | 53.11% |
| 2022-09-05 | $11787.42 | 12.00% | $519,398 | 3.43% |
| 2021-09-05 | $10524.15 | 7.04% | $502,152 | 5.98% |
Listed by: Ernesto Varela Echevarria • Phantom Real Estate
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11631018
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.
