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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 6839 SW 114th Pl APT C, Miami, FL, 33173 offers a 8.44% rental yield on a $515,000 purchase with $3,622/mo rent. 8% in year one. Equity gained on principal adds $3,323/yr while 5% annual appreciation supports $142,285 over five years. Portfolio math shows five-year ROI at 83.48% and total cumulative return in cash at $141,445. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,622/mo property income against a $2,521/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1978
N/A lot
$N/A/sqft
$805 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 |
|---|---|---|
| 2016-03-03 | Sold | $184,000 |
| 2016-02-09 | Pending sale | $185,000 |
| 2015-11-09 | Sold | $150,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-19 | $2896.25 | 8.19% | $170,022 | 3.00% |
| 2023-09-19 | $2676.90 | 4.85% | $165,070 | 3.00% |
| 2022-09-19 | $2552.98 | 1.38% | $160,263 | 3.00% |
Listed by: Thelma Elejalde • Real Estate Sales Force
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11879783
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.
