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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 18930 NW 23rd Ave, Miami Gardens, FL, 33056 listed at $550,000 pairs $4,920/mo rent with a $2,692/mo payment to leave $1,262/mo cash flow. Total monthly income runs $4,920/mo, and annual cash flow reaches $15,147/yr on $180,950 cash to close. Return on cash invested measures 28.43% in year one, and rental yield registers 10.73% at a $550,000 basis. Equity gained on principal adds $3,549/yr, and annual property appreciation at 5% supports $151,955 by year five. Five-year ROI tracks 149.13% and total cumulative return in cash totals $269,854. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,920/mo property income relative to a $2,692/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1959
8,062 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 |
|---|---|---|
| 2024-12-21 | Listed for sale | $550,000 |
| 2024-04-27 | Listing removed | N/A |
| 2024-04-09 | Price change | $3,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-25 | $4987.40 | 3.99% | $233,446 | 3.00% |
| 2022-12-25 | $4796.02 | 1.08% | $226,647 | 3.00% |
| 2021-12-25 | $4744.81 | 0.06% | $220,046 | 0.46% |
Listed by: Tamara Linares • My FL Home, LLC.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11712905
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.
