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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 3540 SW 24th St, Miami, FL, 33145 offers a 13.6% rental yield on a $995,000 purchase with $11,280/mo rent. Total monthly income registers $11,280/mo, and a $4,870/mo payment leaves $4,677/mo available for distribution. Annual cash flow reaches $56,124/yr on $327,355 to close, and return on cash invested stands at 37.21% in year one. Equity gained on principal adds $6,421/yr while 5% annual appreciation supports $274,900 over five years. Portfolio math shows five-year ROI at 196.16% and total cumulative return in cash at $642,126. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $11,280/mo property income against a $4,870/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1986
N/A lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Raquel Ramirez • Featured Properties Int'l.
Mls Name: MIAMI
Mls ID: #A11883782
