








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 16063 SW 63rd Ter, Miami, FL, 33193 uses $273,728 cash to close to unlock $28,835/yr annual cash flow and $2,403/mo monthly cash flow. Total monthly income runs $7,924/mo, and a $4,072/mo payment keeps the spread at $2,403/mo. Purchase price stands at $832,000, and rental yield measures 11.43% with $7,924/mo rent. Return on cash invested shows 30.59% in year one, and 5% annual appreciation builds toward $229,866 over five years. Five-year ROI reaches 160.69% and total cumulative return in cash records $439,846. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,924/mo property income covering a $4,072/mo payment rather than investor’s personal income.
Single Family
Built in 2002
6,019 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33193, Miami, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,215 (100%) |
| Owner Occupied HU | 9,297 (61.1%) |
| Renter Occupied HU | 5,546 (36.5%) |
| Vacant Housing Units | 372 ( 2.4%) |
| Median Home Value | $485,162 |
| Average Home Value | $511,895 |
Residential
15,473
Single Family
10,820
Multi-Family
4,653
Businesses
177
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Robert Salmons • Entera Realty LLC
Mls Name: MIAMI
Mls ID: #A11837141