7119 SW 128th Ct #0MiamiFL33183
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Miami at 7119 SW 128th Ct #0, Miami, FL, 33183 generates $3,120/mo in rent, after a $2,741/mo payment. Total monthly income is $3,120/mo. Return on cash invested sits at 14.67% in year one, and rental yield is 6.69% on a $560,000 entry. Equity gained on principal adds $3,614/yr, while 5% annual appreciation builds toward $154,718 over five years. Five-year ROI reaches 75.86% and total cumulative return in cash sums $139,757. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,120/mo property income rather than buyer’s personal income.
Townhouse
Built in 1980
N/A lot
$N/A/sqft
$231 monthly HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 33183, Miami, FL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
12,533
Single Family
9,515
Multi-Family
3,018
Businesses
500
Price History
Date | Event | Price |
|---|---|---|
| 2024-12-14 | Price change | $560,000 |
| 2024-11-19 | Pending sale | $575,000 |
| 2024-10-25 | Listed for sale | $575,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
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Facts & Features
General Information
- Type: Townhouse
- Year Built: 1980
- Architectural Style: N/A
- Building Area: 1,914
- Living Area: 1,914 sqft
- Property Condition: Updated/Remodeled
Features & Amenities
- Heating: Central
- Cooling: Ceiling Fan(s), Central Air
- Flooring: Ceramic Tile, Wood
- Interior Features: Walk-In Closet(s)
- Exterior Features: N/A
- Parking Features: 2 Or More Spaces, Assigned, Guest
Location
HOA & Fees
- HOA Fee: $231 monthly
- Association Fee: $231 monthly
- Fees & Dues: N/A
- Association Amenities: Clubhouse-Clubroom, Tennis Court(s)
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: N/A
- Water Source: N/A
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Yanima Rivero • Sosa Real Estate, Inc.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11682868
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.