








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 Cutler Bay at 22921 SW 88th Pl UNIT 304, Cutler Bay, FL, 33190 uses $109,395 cash to close to unlock $401/yr annual cash flow and $33/mo monthly cash flow. Total monthly income runs $2,788/mo, and a $1,615/mo payment keeps the spread at $33/mo. Purchase price stands at $330,000, and rental yield measures 10.14% with $2,788/mo rent. Return on cash invested shows 20.28% in year one, and 5% annual appreciation builds toward $91,173 over five years. Five-year ROI reaches 107.66% and total cumulative return in cash records $117,779. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,788/mo property income covering a $1,615/mo payment rather than investor’s personal income.
Condo
Built in 2007
N/A lot
$N/A/sqft
$270 monthly HOA
Neighborhood data shown for ZIP Code: 33190, Miami, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,214 (100%) |
| Owner Occupied HU | 3,053 (58.6%) |
| Renter Occupied HU | 2,032 (39.0%) |
| Vacant Housing Units | 129 ( 2.5%) |
| Median Home Value | $454,894 |
| Average Home Value | $482,663 |
Residential
5,476
Single Family
4,163
Multi-Family
1,313
Businesses
16
Date | Event | Price |
|---|---|---|
| 2025-06-02 | Listed for sale | $330,000 |
| 2025-02-14 | Listing removed | $385,000 |
| 2025-02-06 | Listed for sale | $385,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-02 | $6474.97 | 12.67% | $189,648 | 10.00% |
| 2023-06-02 | $5747.05 | 9.63% | $172,408 | 10.00% |
| 2022-06-02 | $5242.03 | 4.19% | $156,735 | 10.00% |



Listed by: Oscar Cruz • Homelux International Realty, Inc.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11814112
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.