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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 Opa Locka at 16700 NW 55th Ave APT 12, Opa Locka, FL, 33055 uses $82,842 cash to close to unlock $8,637/yr annual cash flow and $720/mo monthly cash flow. Total monthly income runs $2,678/mo, and a $1,223/mo payment keeps the spread at $720/mo. Purchase price stands at $249,900, and rental yield measures 12.86% with $2,678/mo rent. Return on cash invested shows 30.34% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 160.92% and total cumulative return in cash records $133,310. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,678/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Townhouse
Built in 1988
N/A lot
$N/A/sqft
$300 monthly HOA
Neighborhood data shown for ZIP Code: 33055, Opa Locka, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,602 (100%) |
| Owner Occupied HU | 9,791 (77.7%) |
| Renter Occupied HU | 2,665 (21.1%) |
| Vacant Housing Units | 146 ( 1.2%) |
| Median Home Value | $382,793 |
| Average Home Value | $499,620 |
Residential
12,413
Single Family
12,035
Multi-Family
378
Businesses
406
Date | Event | Price |
|---|---|---|
| 2025-07-03 | Listed for sale | $249,900 |
| 2025-07-01 | Listing removed | $260,000 |
| 2025-06-13 | Listed for rent | $2,300 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-03 | $1914.12 | 3.22% | $152,646 | 3.00% |
| 2023-07-03 | $1854.35 | 0.21% | $148,200 | N/A |
| 2022-07-03 | $1850.52 | -8.25% | $148,200 | 30.00% |
Listed by: Maria Magarino • Paradise Florida Realty Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11834113
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.
