








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 Cutler Bay at 18490 SW 83rd Ave, Cutler Bay, FL, 33157 uses $370,980 cash to close to unlock $44,397/yr annual cash flow and $3,700/mo monthly cash flow. Total monthly income runs $11,298/mo, and a $5,604/mo payment keeps the spread at $3,700/mo. Purchase price stands at $1,145,000, and rental yield measures 11.84% with $11,298/mo rent. Return on cash invested shows 32.34% in year one, and 5% annual appreciation builds toward $316,342 over five years. Five-year ROI reaches 169.99% and total cumulative return in cash records $630,624. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $11,298/mo property income covering a $5,604/mo payment rather than investor’s personal income.
Single Family
Built in 1966
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33157, Miami, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,092 (100%) |
| Owner Occupied HU | 15,135 (62.8%) |
| Renter Occupied HU | 7,769 (32.2%) |
| Vacant Housing Units | 1,188 ( 4.9%) |
| Median Home Value | $556,743 |
| Average Home Value | $620,214 |
Residential
24,073
Single Family
19,662
Multi-Family
4,411
Businesses
2,254
Date | Event | Price |
|---|---|---|
| 2024-08-27 | Listed for rent | $6,450 |
| 2024-08-06 | Listing removed | N/A |
| 2024-07-29 | Listed for rent | $6,450 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-05 | $4584.24 | 4.13% | $265,246 | 3.00% |
| 2022-09-05 | $4402.36 | 0.93% | $257,521 | 3.00% |
| 2021-09-05 | $4361.72 | 2.17% | $250,021 | 1.40% |



Listed by: Jose Lopez • JFA Realty Co
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11625677
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.