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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 1620 SW 124th Pl, Miami, FL, 33175 earns $168/mo cash flow from $3,569/mo rent with a $2,508/mo payment. Total monthly income totals $3,569/mo, and annual cash flow totals $2,021/yr on $168,613 capital. ROI tracks 21.26% on current figures, and rental yield reads 8.36% at a $512,500 purchase. Equity gained on principal adds $3,307/yr, and 5% annual appreciation supports $141,594 over five years. Five-year ROI reaches 110.65% and total cumulative return in cash sums $186,572. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,569/mo property income instead of your personal income.
Single Family
Built in 1984
2,750 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33175, Miami, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,617 (100%) |
| Owner Occupied HU | 13,266 (79.8%) |
| Renter Occupied HU | 3,162 (19.0%) |
| Vacant Housing Units | 189 ( 1.1%) |
| Median Home Value | $548,994 |
| Average Home Value | $596,120 |
Residential
17,380
Single Family
14,605
Multi-Family
2,775
Businesses
888
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: Elizabeth Rodriguez-Hernandez • RE/MAX Select Group
Mls Name: MIAMI
Mls ID: #A11890931
