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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 6716 SW 128th Pl #0, Miami, FL, 33183 generates $3,120/mo in rent, after a $2,374/mo payment. Total monthly income is $3,120/mo. Return on cash invested sits at 17.45% in year one, and rental yield is 7.72% on a $485,000 entry. Equity gained on principal adds $3,130/yr, while 5% annual appreciation builds toward $133,997 over five years. Five-year ROI reaches 90.86% and total cumulative return in cash sums $146,090. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,120/mo property income rather than buyer’s personal income.
Townhouse
Built in 1980
N/A lot
$N/A/sqft
$231 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 |
|---|---|---|
| 2024-11-19 | Price change | $485,000 |
| 2024-11-01 | Price change | $489,900 |
| 2024-10-21 | Listed for sale | $495,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Eduardo Bocanegra • Luxe Properties
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11679640
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.
