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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 at 6475 SW 129th Pl APT 403-4, Miami, FL, 33183 generates $3,269/mo in rent and, after a $1,713/mo payment, leaves $666/mo in cash flow. Total monthly income is $3,269/mo, and annual cash flow is $7,988/yr on $116,025 invested. Return on cash invested sits at 26.79% in year one, and rental yield is 11.21% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 141.4% and total cumulative return in cash sums $164,054. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,269/mo property income rather than buyer’s personal income.
Condo
Built in 1985
N/A lot
$N/A/sqft
$272 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 |
|---|---|---|
| 2025-01-28 | Price change | $350,000 |
| 2024-12-22 | Listing removed | $2,500 |
| 2024-12-20 | Listed for rent | $2,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-14 | $3219.26 | 5.94% | $187,550 | 10.00% |
| 2022-02-14 | $3038.64 | 11.35% | $170,500 | 10.00% |
| 2021-02-14 | $2728.88 | -0.29% | $155,000 | N/A |
Listed by: Emmanuel Perez • BRS
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11663752
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.
