




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 650 NE 149th St APT 402A, Miami, FL, 33161 generates $1,431/mo in rent and, after a $881/mo payment, leaves $237/mo in cash flow. Total monthly income is $1,431/mo, and annual cash flow is $2,838/yr on $59,670 invested. Return on cash invested sits at 24.67% in year one, and rental yield is 9.54% on a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 128.98% and total cumulative return in cash sums $76,961. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,431/mo property income rather than buyer’s personal income.
Condo
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33161, Miami, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,055 (100%) |
| Owner Occupied HU | 7,835 (39.1%) |
| Renter Occupied HU | 10,594 (52.8%) |
| Vacant Housing Units | 1,626 ( 8.1%) |
| Median Home Value | $506,588 |
| Average Home Value | $542,699 |
Residential
17,553
Single Family
10,194
Multi-Family
7,359
Businesses
1,270
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: Luis Apa • NV Realty
Mls Name: MIAMI
Mls ID: #A11922262