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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 6220 SW 131st Ct APT 204, Miami, FL, 33183 uses $65,696 cash to close to unlock $9,131/yr annual cash flow and $761/mo monthly cash flow. Total monthly income runs $2,294/mo, and a $970/mo payment keeps the spread at $761/mo. Purchase price stands at $198,178, and rental yield measures 13.89% with $2,294/mo rent. Return on cash invested shows 33.81% in year one, and 5% annual appreciation builds toward $54,753 over five years. Five-year ROI reaches 179.37% and total cumulative return in cash records $117,840. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,294/mo property income covering a $970/mo payment rather than investor’s personal income.
Apartment
Built in 1989
N/A lot
$N/A/sqft
$141 monthly HOA
Neighborhood data shown for ZIP Code: 33183, Miami, FL area.
| 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 |
Residential
12,533
Single Family
9,515
Multi-Family
3,018
Businesses
500
Date | Event | Price |
|---|---|---|
| 2025-09-20 | Listing removed | $260,000 |
| 2023-11-27 | Price change | $260,000 |
| 2023-11-08 | Listed for sale | $270,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-10 | $2686.83 | 0.33% | $198,178 | 35.91% |
| 2023-10-10 | $2677.98 | 17.82% | $145,817 | 10.00% |
| 2022-10-10 | $2272.87 | 6.55% | $132,561 | 10.00% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
