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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 18575 SW 216th St, Miami, FL, 33170 offers a 5.04% rental yield on a $1,049,999 purchase with $4,411/mo rent. 35% in year one. Equity gained on principal adds $6,775/yr while 5% annual appreciation supports $290,095 over five years. Portfolio math shows five-year ROI at 57.46% and total cumulative return in cash at $195,485. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,411/mo property income against a $5,139/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
0.88 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33170, Miami, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,069 (100%) |
| Owner Occupied HU | 3,220 (63.5%) |
| Renter Occupied HU | 1,401 (27.6%) |
| Vacant Housing Units | 448 ( 8.8%) |
| Median Home Value | $478,274 |
| Average Home Value | $533,834 |
Residential
5,340
Single Family
5,077
Multi-Family
263
Businesses
373
Date | Event | Price |
|---|---|---|
| 2024-10-03 | Listed for sale | $1,049,999 |
| 2024-08-30 | Listing removed | $1,090,000 |
| 2024-03-11 | Listed for sale | $1,100,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-25 | $5461.06 | 3.93% | $328,325 | 3.00% |
| 2022-12-25 | $5254.34 | 0.51% | $318,763 | 3.00% |
| 2021-12-25 | $5227.51 | 1.14% | $309,479 | 1.40% |
Listed by: Lucas Lencina • Avenew Realty Corp
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11670199
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.
