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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 Pinecrest at 6902 N Kendall Dr APT E303, Pinecrest, FL, 33156 generates $2,934/mo in rent and, after a $1,610/mo payment, leaves $55/mo in cash flow. Total monthly income is $2,934/mo, and annual cash flow is $662/yr on $109,064 invested. Return on cash invested sits at 20.52% in year one, and rental yield is 10.7% on a $329,000 entry. Equity gained on principal adds $2,123/yr, while 5% annual appreciation builds toward $90,897 over five years. Five-year ROI reaches 109.5% and total cumulative return in cash sums $119,421. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,934/mo property income rather than buyer’s personal income.
Condo
Built in 1970
N/A lot
$N/A/sqft
$562 monthly HOA
Neighborhood data shown for ZIP Code: 33156, Miami, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,990 (100%) |
| Owner Occupied HU | 8,719 (62.3%) |
| Renter Occupied HU | 4,237 (30.3%) |
| Vacant Housing Units | 1,034 ( 7.4%) |
| Median Home Value | $1,042,504 |
| Average Home Value | $1,217,756 |
Residential
13,520
Single Family
8,962
Multi-Family
4,558
Businesses
1,518
Date | Event | Price |
|---|---|---|
| 2025-01-21 | Price change | $329,000 |
| 2024-12-23 | Price change | $339,000 |
| 2024-12-11 | Listing removed | $2,300 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $4532.94 | 40.48% | $251,800 | 41.99% |
| 2022-02-13 | $3226.71 | 4.61% | $177,336 | 8.00% |
| 2021-02-13 | $3084.63 | 4.55% | $164,200 | 4.99% |
Listed by: Moises Saca • Best American Realty Corp
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11679997
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.
