








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 2020 SW 123rd Ct, Miami, FL, 33175 uses $295,771 cash to close to unlock $13,467/yr annual cash flow and $1,122/mo monthly cash flow. Total monthly income runs $7,114/mo, and a $4,400/mo payment keeps the spread at $1,122/mo. Purchase price stands at $899,000, and rental yield measures 9.5% with $7,114/mo rent. Return on cash invested shows 24.61% in year one, and 5% annual appreciation builds toward $248,377 over five years. Five-year ROI reaches 128.67% and total cumulative return in cash records $380,566. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,114/mo property income covering a $4,400/mo payment rather than investor’s personal income.
Single Family
Built in 1977
8,550 sqft lot
$N/A/sqft
$312 annually HOA
Neighborhood data shown for ZIP Code: 33175, Miami, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,617 (100%) |
| Owner Occupied HU | 13,266 (79.8%) |
| Renter Occupied HU | 3,162 (19.0%) |
| Vacant Housing Units | 189 ( 1.1%) |
| Median Home Value | $548,994 |
| Average Home Value | $596,120 |
Residential
17,380
Single Family
14,605
Multi-Family
2,775
Businesses
888
Date | Event | Price |
|---|---|---|
| 2025-01-30 | Price change | $899,000 |
| 2024-12-20 | Listed for sale | $949,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-14 | $4419.15 | 2.80% | $300,307 | 3.00% |
| 2022-02-14 | $4298.59 | 0.80% | $291,561 | 3.00% |
| 2021-02-14 | $4264.37 | 1.25% | $283,069 | 1.40% |



Listed by: Miguel Gonzalez • Casabella Miami Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11712706
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.