








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 15751 SW 106th Ter APT 108, Miami, FL, 33196 uses $99,450 cash to close to unlock $6,774/yr annual cash flow and $565/mo monthly cash flow. Total monthly income runs $2,911/mo, and a $1,468/mo payment keeps the spread at $565/mo. Purchase price stands at $299,999, and rental yield measures 11.64% with $2,911/mo rent. Return on cash invested shows 26.72% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 141.51% and total cumulative return in cash records $140,736. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,911/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Condo
Built in 1990
N/A lot
$N/A/sqft
$356 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 |
|---|---|---|
| 2025-02-06 | Listed for sale | $299,999 |
| 2014-11-07 | Sold | $110,000 |
| 2009-05-06 | Sold | $55,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $1069.80 | 7.33% | $130,193 | 3.00% |
| 2022-02-13 | $996.75 | 2.06% | $126,401 | 3.00% |
| 2021-02-13 | $976.65 | 2.27% | $122,720 | 1.40% |



Listed by: Barbara Gelpi • EXP Realty LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11740455
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.