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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 903, Miami, FL, 33145 earns from $2,420/mo rent with a $1,566/mo payment. Total monthly income totals $2,420/mo. ROI tracks 15.9% on current figures, and rental yield reads 9.07% at a $320,000 purchase. Equity gained on principal adds $2,065/yr, and 5% annual appreciation supports $88,410 over five years. Five-year ROI reaches 84.61% and total cumulative return in cash sums $89,751. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,420/mo property income instead of your personal income.
Condo
Built in 2002
N/A lot
$N/A/sqft
$555 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 |
|---|---|---|
| 2024-06-14 | Listing removed | N/A |
| 2024-05-29 | Listed for rent | $2,200 |
| 2024-03-31 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-04 | $3998.32 | 14.94% | $179,859 | 10.00% |
| 2022-09-04 | $3478.52 | 10.14% | $163,509 | 10.00% |
| 2021-09-04 | $3158.21 | 4.75% | $148,645 | 5.00% |
Listed by: Hilda Morello • Sterling Int'l Properties, LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11595700
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.
