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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 6320 SW 138th Ct APT 408, Miami, FL, 33183 uses $101,108 cash to close to unlock $5,598/yr annual cash flow and $466/mo monthly cash flow. Total monthly income runs $2,881/mo, and a $1,493/mo payment keeps the spread at $466/mo. Purchase price stands at $305,000, and rental yield measures 11.34% with $2,881/mo rent. Return on cash invested shows 25.45% in year one, and 5% annual appreciation builds toward $84,266 over five years. Five-year ROI reaches 134.81% and total cumulative return in cash records $136,306. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,881/mo property income covering a $1,493/mo payment rather than investor’s personal income.
Condo
Built in 1982
N/A lot
$N/A/sqft
$309 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 |
|---|---|---|
| 2024-12-02 | Listed for sale | $305,000 |
| 2024-11-18 | Listing removed | $2,300 |
| 2024-11-08 | Listed for rent | $2,300 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $3690.09 | 58.06% | $215,300 | 68.24% |
| 2022-02-13 | $2334.54 | 1.86% | $127,970 | 10.00% |
| 2021-02-13 | $2291.84 | 6.13% | $116,337 | 10.00% |
Listed by: Fred Coll • Horizon Real Estate
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11702023
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.
