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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 7101 SW 89th Ct APT 214, Miami, FL, 33173 generates $2,165/mo in rent and, after a $1,126/mo payment, leaves $188/mo in cash flow. Total monthly income is $2,165/mo, and annual cash flow is $2,261/yr on $76,245 invested. Return on cash invested sits at 22.87% in year one, and rental yield is 11.3% on a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 121.92% and total cumulative return in cash sums $92,959. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,165/mo property income rather than buyer’s personal income.
Condo
Built in 1969
N/A lot
$N/A/sqft
$450 monthly HOA
Neighborhood data shown for ZIP Code: 33173, Miami, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,465 (100%) |
| Owner Occupied HU | 8,950 (61.9%) |
| Renter Occupied HU | 5,005 (34.6%) |
| Vacant Housing Units | 510 ( 3.5%) |
| Median Home Value | $505,237 |
| Average Home Value | $589,121 |
Residential
12,420
Single Family
9,415
Multi-Family
3,005
Businesses
939
Date | Event | Price |
|---|---|---|
| 2024-04-25 | Listing removed | N/A |
| 2024-04-19 | Listed for sale | $230,000 |
| 2024-04-11 | Listed for rent | $1,800 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $1765.66 | 12.71% | $87,110 | 10.00% |
| 2022-02-13 | $1566.52 | 9.64% | $79,191 | 10.00% |
| 2021-02-13 | $1428.74 | 6.14% | $71,992 | 10.00% |
Listed by: Mauricio Rojas • Red Road Real Estate Florida
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11569931
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.
