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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 18650 SW 204th Ave, Miami, FL, 33187 generates $5,040/mo in rent, after a $5,996/mo payment. Total monthly income is $5,040/mo. Return on cash invested sits at 11.03% in year one, and rental yield is 4.94% on a $1,225,000 entry. Equity gained on principal adds $7,905/yr, while 5% annual appreciation builds toward $338,445 over five years. Five-year ROI reaches 55.73% and total cumulative return in cash sums $221,184. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,040/mo property income rather than buyer’s personal income.
Single Family
Built in 1983
2.21 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33187, Miami, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,846 (100%) |
| Owner Occupied HU | 4,928 (84.3%) |
| Renter Occupied HU | 777 (13.3%) |
| Vacant Housing Units | 141 ( 2.4%) |
| Median Home Value | $583,196 |
| Average Home Value | $610,408 |
Residential
6,003
Single Family
5,494
Multi-Family
509
Businesses
209
Date | Event | Price |
|---|---|---|
| 2025-01-30 | Listed for sale | $1,225,000 |
| 2024-08-14 | Listing removed | N/A |
| 2024-07-13 | Price change | $1,249,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $2257.23 | 5.14% | $140,462 | 2.95% |
| 2022-02-13 | $2146.95 | -21.57% | $136,440 | -18.81% |
| 2021-02-13 | $2737.48 | -17.91% | $168,045 | -16.54% |
Listed by: Aray Otero • United Real Estate Miami
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11735029
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.
