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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 6841 SW 147th Ave APT 1C, Miami, FL, 33193 generates $2,700/mo in rent and, after a $1,346/mo payment, leaves $543/mo in cash flow. Total monthly income is $2,700/mo, and annual cash flow is $6,516/yr on $91,163 invested. Return on cash invested sits at 27.06% in year one, and rental yield is 11.78% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 143.4% and total cumulative return in cash sums $130,727. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,700/mo property income rather than buyer’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
$332 monthly HOA
Neighborhood data shown for ZIP Code: 33193, Miami, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,215 (100%) |
| Owner Occupied HU | 9,297 (61.1%) |
| Renter Occupied HU | 5,546 (36.5%) |
| Vacant Housing Units | 372 ( 2.4%) |
| Median Home Value | $485,162 |
| Average Home Value | $511,895 |
Residential
15,473
Single Family
10,820
Multi-Family
4,653
Businesses
177
Date | Event | Price |
|---|---|---|
| 2024-08-20 | Price change | $275,000 |
| 2024-07-30 | Price change | $295,000 |
| 2024-07-01 | Listed for sale | $300,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-05 | $695.92 | 6.51% | $79,539 | 3.00% |
| 2022-09-05 | $653.40 | 2.11% | $77,223 | 3.00% |
| 2021-09-05 | $639.88 | 0.49% | $74,974 | 1.40% |
Listed by: Arcides Otero • Realty Home Advisors Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11552121
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.
