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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 E401, Pinecrest, FL, 33156 generates $2,934/mo in rent, after a $1,909/mo payment. Total monthly income is $2,934/mo. Return on cash invested sits at 15.32% in year one, and rental yield is 9.03% on a $390,000 entry. Equity gained on principal adds $2,517/yr, while 5% annual appreciation builds toward $107,750 over five years. Five-year ROI reaches 81.66% and total cumulative return in cash sums $105,572. 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
$811 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 |
|---|---|---|
| 2024-12-23 | Listed for sale | $390,000 |
| 2023-04-24 | Listing removed | N/A |
| 2023-03-12 | Price change | $2,600 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $3825.65 | 17.19% | $251,800 | 40.28% |
| 2022-02-13 | $3264.49 | 4.61% | $179,496 | 8.00% |
| 2021-02-13 | $3120.71 | 4.55% | $166,200 | 4.99% |
Listed by: Sage Kantor • FIP Realty Services, LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11712207
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.
