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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 16080 SW 111th Ter, Miami, FL, 33196 generates $9,584/mo in rent and, after a $4,136/mo payment, leaves $3,866/mo in cash flow. Total monthly income is $9,584/mo, and annual cash flow is $46,395/yr on $278,005 invested. Return on cash invested sits at 36.75% in year one, and rental yield is 13.61% on a $845,000 entry. Equity gained on principal adds $5,453/yr, while 5% annual appreciation builds toward $233,458 over five years. Five-year ROI reaches 193.88% and total cumulative return in cash sums $539,004. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $9,584/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
7,346 sqft lot
$N/A/sqft
$110 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 |
|---|---|---|
| 2024-07-11 | Listed for sale | $845,000 |
| 2021-02-01 | Sold | $497,000 |
| 2021-01-05 | Contingent | $514,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-05 | $6689.57 | 13.46% | $395,933 | 12.49% |
| 2022-09-05 | $5895.88 | 8.66% | $351,974 | 10.91% |
| 2021-09-05 | $5425.83 | 1.13% | $317,342 | 1.40% |
Listed by: Lisayly Hurtado • Lisayly Hurtado PA
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11622100
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.
