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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% |
Investment property for sale in Miami at 3500 Coral Way APT 1004, Miami, FL, 33145 offers a 8.84% rental yield on a $450,000 purchase with $3,314/mo rent. 63% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Portfolio math shows five-year ROI at 83.01% and total cumulative return in cash at $123,834. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,314/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2002
N/A lot
$N/A/sqft
$859 monthly HOA
Neighborhood data shown for ZIP Code: 33145, Miami, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,796 (100%) |
| Owner Occupied HU | 5,856 (45.8%) |
| Renter Occupied HU | 6,184 (48.3%) |
| Vacant Housing Units | 756 ( 5.9%) |
| Median Home Value | $616,602 |
| Average Home Value | $663,659 |
Residential
11,611
Single Family
8,008
Multi-Family
3,603
Businesses
945
Date | Event | Price |
|---|---|---|
| 2024-11-01 | Listed for sale | $450,000 |
| 2018-08-03 | Listing removed | $260,000 |
| 2018-08-02 | Listed for sale | $260,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $1622.23 | 4.58% | $120,769 | 3.00% |
| 2022-02-13 | $1551.15 | 1.28% | $117,252 | 3.00% |
| 2021-02-13 | $1531.55 | 1.81% | $113,837 | 1.40% |
Listed by: Ileana Orihuela • Miami New Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11685963
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.
