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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 Gardens at 18040 NW 36th Ave, Miami Gardens, FL, 33056 uses $165,750 cash to close to unlock $35,838/yr annual cash flow and $2,987/mo monthly cash flow. Total monthly income runs $6,431/mo, and a $2,447/mo payment keeps the spread at $2,987/mo. Purchase price stands at $500,000, and rental yield measures 15.43% with $6,431/mo rent. Return on cash invested shows 41.53% in year one, and 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 219.71% and total cumulative return in cash records $364,172. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,431/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Single Family
Built in 1987
4,560 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33056, Opa Locka, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,307 (100%) |
| Owner Occupied HU | 7,100 (57.7%) |
| Renter Occupied HU | 4,737 (38.5%) |
| Vacant Housing Units | 470 ( 3.8%) |
| Median Home Value | $427,247 |
| Average Home Value | $496,053 |
Residential
12,198
Single Family
10,830
Multi-Family
1,368
Businesses
477
Date | Event | Price |
|---|---|---|
| 2024-08-09 | Listed for sale | $500,000 |
| 2006-04-24 | Sold | $250,000 |
| 2004-12-27 | Sold | $160,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-31 | $5969.50 | 8.76% | $222,466 | 10.00% |
| 2022-08-31 | $5488.53 | 12.76% | $202,242 | 10.00% |
| 2021-08-31 | $4867.41 | -0.85% | $183,857 | -0.52% |
Listed by: Daylin Milian • RDS Realty, LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11637906
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.
