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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 16411 SW 60th Ter, Miami, FL, 33193 generates $3,786/mo in rent, after a $5,384/mo payment. Total monthly income is $3,786/mo. Return on cash invested sits at 8.54% in year one, and rental yield is 4.13% on a $1,100,000 entry. Equity gained on principal adds $7,098/yr, while 5% annual appreciation builds toward $303,910 over five years. Five-year ROI reaches 42.39% and total cumulative return in cash sums $151,063. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,786/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
8,006 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: Dennis Lopez • Florida Capital Realty
Mls Name: MIAMI
Mls ID: #A11888285
