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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% |
Rental property for sale in Miami at 2889 McFarlane Rd #1801, Miami, FL, 33133 generates $3,985/mo in rent, after a $6,358/mo payment. Total monthly income is $3,985/mo. Return on cash invested sits at 7.15% in year one, and rental yield is 3.68% on a $1,299,000 entry. Equity gained on principal adds $8,382/yr, while 5% annual appreciation builds toward $358,890 over five years. Five-year ROI reaches 34.94% and total cumulative return in cash sums $147,061. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,985/mo property income rather than buyer’s personal income.
Condo
Built in 2001
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33133, Miami, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,545 (100%) |
| Owner Occupied HU | 8,321 (47.4%) |
| Renter Occupied HU | 7,285 (41.5%) |
| Vacant Housing Units | 1,939 (11.1%) |
| Median Home Value | $980,058 |
| Average Home Value | $1,186,463 |
Residential
16,853
Single Family
9,290
Multi-Family
7,563
Businesses
1,233
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Maxine Siegler • Miami Property Shop
Mls Name: MIAMI
Mls ID: #A11841231
