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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 6666 SW 115th Ct APT 208, Miami, FL, 33173 generates $4,595/mo in rent and, after a $1,566/mo payment, leaves $1,762/mo in cash flow. Total monthly income is $4,595/mo, and annual cash flow is $21,140/yr on $106,080 invested. Return on cash invested sits at 39.84% in year one, and rental yield is 17.23% on a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 213.22% and total cumulative return in cash sums $226,179. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,595/mo property income rather than buyer’s personal income.
Condo
Built in 1981
N/A lot
$N/A/sqft
$710 monthly HOA
Neighborhood data shown for ZIP Code: 33173, Miami, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,465 (100%) |
| Owner Occupied HU | 8,950 (61.9%) |
| Renter Occupied HU | 5,005 (34.6%) |
| Vacant Housing Units | 510 ( 3.5%) |
| Median Home Value | $505,237 |
| Average Home Value | $589,121 |
Residential
12,420
Single Family
9,415
Multi-Family
3,005
Businesses
939
Date | Event | Price |
|---|---|---|
| 2024-09-01 | Listed for sale | $320,000 |
| 2024-08-23 | Contingent | $320,000 |
| 2024-08-12 | Listed for sale | $320,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-03 | $809.09 | 6.12% | $87,623 | 3.00% |
| 2022-09-03 | $762.45 | 1.79% | $85,071 | 3.00% |
| 2021-09-03 | $749.07 | 2.10% | $82,594 | 1.40% |
Listed by: Tammy Garcia • Keller Williams Realty Premier Properties
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11637996
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.
