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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 6851 SW 129th Ave APT 3, Miami, FL, 33183 uses $99,450 cash to close to unlock $6,057/yr annual cash flow and $505/mo monthly cash flow. Total monthly income runs $2,880/mo, and a $1,468/mo payment keeps the spread at $505/mo. Purchase price stands at $300,000, and rental yield measures 11.52% with $2,880/mo rent. Return on cash invested shows 26% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 137.77% and total cumulative return in cash records $137,016. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,880/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
$370 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 |
|---|---|---|
| 2024-10-26 | Price change | $300,000 |
| 2024-08-05 | Price change | $310,000 |
| 2024-03-11 | Listed for sale | $320,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-26 | $2845.84 | 12.04% | $163,944 | 10.00% |
| 2022-12-26 | $2540.12 | 4.55% | $149,040 | 8.00% |
| 2021-12-26 | $2429.58 | 8.34% | $138,000 | 8.66% |
Listed by: Idarmys Gonzalez • Abora Homes, LLC.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11547835
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.
