6214 SW 131st Ct APT 103, Miami, FL, 33183 | $517/mo Cash Flow

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Price: $300K - 500K

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6214 SW 131st Ct APT 103, Miami, FL, 33183 | $517/mo Cash Flow | Ziffy

Off market

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Miami at 6214 SW 131st Ct APT 103, Miami, FL, 33183 listed at $237,500 pairs $2,306/mo rent with a $1,162/mo payment to leave $517/mo cash flow. Total monthly income runs $2,306/mo, and annual cash flow reaches $6,208/yr on $78,731 cash to close. Return on cash invested measures 27.79% in year one, and rental yield registers 11.65% at a $237,500 basis. Equity gained on principal adds $1,533/yr, and annual property appreciation at 5% supports $65,617 by year five. Five-year ROI tracks 146.93% and total cumulative return in cash totals $115,677. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,306/mo property income relative to a $1,162/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1989

N/A lot

$N/A/sqft

$141 monthly HOA

More details about the property

This 630 square foot condo home has 1 bedrooms and 1.0 bathrooms. This home is located at 6214 SW 131st Ct APT 103, Miami, FL 33183.

Neighborhood Data

Neighborhood data shown for ZIP Code: 33183, Miami, FL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,381 (100%)
Owner Occupied HU	9,138 (68.3%)
Renter Occupied HU	3,958 (29.6%)
Vacant Housing Units	285 ( 2.1%)
Median Home Value	$478,717
Average Home Value	$539,644