Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 20505 SW 198th St, Miami, FL, 33187 generates $4,840/mo in rent, after a $4,650/mo payment. Total monthly income is $4,840/mo. Return on cash invested sits at 14.44% in year one, and rental yield is 6.11% on a $950,000 entry. Equity gained on principal adds $6,130/yr, while 5% annual appreciation builds toward $262,467 over five years. Five-year ROI reaches 74.06% and total cumulative return in cash sums $231,470. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,840/mo property income rather than buyer’s personal income.
Single Family
Built in 1988
1.19 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 |
|---|---|---|
| 2025-01-16 | Listed for sale | $950,000 |
| 1982-03-01 | Sold | $14,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $3897.34 | 4.29% | $236,633 | 3.00% |
| 2022-02-13 | $3737.11 | 0.84% | $229,741 | 3.00% |
| 2021-02-13 | $3705.89 | 1.16% | $223,050 | 1.40% |
Listed by: Michelle Reyes • Jason Mitchell Real Estate Flo
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11726188
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.
