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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% |
Rental property for sale in Miami at 15770 SW 106th Ter APT 305, Miami, FL, 33196 generates $2,773/mo in rent and, after a $1,566/mo payment, leaves $156/mo in cash flow. Total monthly income is $2,773/mo, and annual cash flow is $1,869/yr on $106,080 invested. Return on cash invested sits at 21.67% in year one, and rental yield is 10.4% on a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 114.9% and total cumulative return in cash sums $121,887. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,773/mo property income rather than buyer’s personal income.
Condo
Built in 1990
N/A lot
$N/A/sqft
$427 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 |
|---|---|---|
| 2025-01-05 | Listed for rent | $2,500 |
| 2024-12-28 | Listing removed | $320,000 |
| 2024-12-11 | Listed for sale | $320,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $3650.28 | 34.45% | $213,019 | 36.95% |
| 2022-02-13 | $2714.95 | 8.46% | $155,540 | 10.00% |
| 2021-02-13 | $2503.24 | 4.59% | $141,400 | 5.58% |
Listed by: David Serfaty • Avanti Way Realty LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11717909
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.
