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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 6951 SW 129th Ave APT 5, Miami, FL, 33183 listed at $290,000 pairs $2,880/mo rent with a $1,419/mo payment to leave $606/mo cash flow. Total monthly income runs $2,880/mo, and annual cash flow reaches $7,271/yr on $96,135 cash to close. Return on cash invested measures 27.47% in year one, and rental yield registers 11.92% at a $290,000 basis. Equity gained on principal adds $1,871/yr, and annual property appreciation at 5% supports $80,122 by year five. Five-year ROI tracks 145.56% and total cumulative return in cash totals $139,936. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,880/mo property income relative to a $1,419/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1984
N/A lot
$N/A/sqft
$350 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 |
|---|---|---|
| 2024-11-11 | Listed for sale | $290,000 |
| 2017-03-15 | Sold | $145,000 |
| 1994-11-03 | Sold | $46,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $1811.56 | 4.41% | $146,404 | 3.00% |
| 2022-02-13 | $1735.10 | 0.61% | $142,140 | 3.00% |
| 2021-02-13 | $1724.51 | -23.10% | $138,000 | 8.66% |
Listed by: Yolixia Rios • Xcellence Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11691811
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.
