








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 20 NW 87th Ave APT A204, Miami, FL, 33172 earns $290/mo cash flow from $2,442/mo rent with a $1,322/mo payment. Total monthly income totals $2,442/mo, and annual cash flow totals $3,482/yr on $89,505 capital. ROI tracks 23.8% on current figures, and rental yield reads 10.85% at a $270,000 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,596 over five years. Five-year ROI reaches 126.07% and total cumulative return in cash sums $112,837. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,442/mo property income instead of your personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
$275 monthly HOA
Neighborhood data shown for ZIP Code: 33172, Miami, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,611 (100%) |
| Owner Occupied HU | 7,597 (43.1%) |
| Renter Occupied HU | 9,290 (52.8%) |
| Vacant Housing Units | 724 ( 4.1%) |
| Median Home Value | $323,921 |
| Average Home Value | $406,612 |
Residential
16,288
Single Family
4,549
Multi-Family
11,739
Businesses
2,989
Date | Event | Price |
|---|---|---|
| 2025-08-04 | Listed for sale | $270,000 |
| 2022-04-07 | Sold | $233,000 |
| 2022-02-27 | Pending sale | $239,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-04 | $3417.16 | 10.09% | $200,200 | 10.00% |
| 2023-08-04 | $3103.85 | 32.01% | $182,000 | 35.22% |
| 2022-08-04 | $2351.21 | 7.20% | $134,600 | 10.00% |



Listed by: Sergio Carrasco • Keller Williams Capital Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11852095
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.