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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 1213, Miami, FL, 33145 listed at $475,000 pairs $3,314/mo rent with a $2,325/mo payment. Total monthly income runs $3,314/mo. Return on cash invested measures 13.54% in year one, and rental yield registers 8.37% at a $475,000 basis. Equity gained on principal adds $3,065/yr, and annual property appreciation at 5% supports $131,234 by year five. Five-year ROI tracks 72.04% and total cumulative return in cash totals $113,443. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,314/mo property income relative to a $2,325/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2002
N/A lot
$N/A/sqft
$865 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 |
|---|---|---|
| 2024-08-02 | Price change | $2,995 |
| 2024-08-02 | Price change | $475,000 |
| 2024-07-14 | Listed for rent | $3,250 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-04 | $5808.49 | 13.10% | $269,348 | 10.00% |
| 2022-09-04 | $5135.87 | 8.59% | $244,862 | 10.00% |
| 2021-09-04 | $4729.53 | 4.75% | $222,602 | 5.00% |
Listed by: Javier Cano Zepeda • Coldwell Banker Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11533069
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.
