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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 Gardens at 3515 NW 205th St, Miami Gardens, FL, 33056 generates $4,542/mo in rent and, after a $2,467/mo payment, leaves $945/mo in cash flow. Total monthly income is $4,542/mo, and annual cash flow is $11,342/yr on $165,816 invested. Return on cash invested sits at 26.9% in year one, and rental yield is 10.81% on a $504,000 entry. Equity gained on principal adds $3,252/yr, while 5% annual appreciation builds toward $139,246 over five years. Five-year ROI reaches 141.58% and total cumulative return in cash sums $234,760. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,542/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
8,344 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33056, Opa Locka, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,307 (100%) |
| Owner Occupied HU | 7,100 (57.7%) |
| Renter Occupied HU | 4,737 (38.5%) |
| Vacant Housing Units | 470 ( 3.8%) |
| Median Home Value | $427,247 |
| Average Home Value | $496,053 |
Residential
12,198
Single Family
10,830
Multi-Family
1,368
Businesses
477
Date | Event | Price |
|---|---|---|
| 2025-05-30 | Listed for sale | $504,000 |
| 2016-02-12 | Listing removed | $1,729 |
| 2016-01-05 | Listed for rent | $1,729 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-30 | $7510.04 | 13.24% | $270,020 | 9.51% |
| 2023-05-30 | $6632.18 | 8.24% | $246,567 | 10.00% |
| 2022-05-30 | $6127.55 | 14.07% | $224,152 | 10.00% |
Listed by: Robert Salmons • Entera Realty LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11812180
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.
