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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 7340 SW 131st St, Pinecrest, FL, 33156 generates $24,690/mo in rent and, after a $8,810/mo payment, leaves $12,745/mo in cash flow. Total monthly income is $24,690/mo, and annual cash flow is $152,940/yr on $583,200 invested. Return on cash invested sits at 46.59% in year one, and rental yield is 16.46% on a $1,799,999 entry. Equity gained on principal adds $11,615/yr, while 5% annual appreciation builds toward $497,307 over five years. Five-year ROI reaches 246.44% and total cumulative return in cash sums $1,437,215. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $24,690/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
0.41 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2024-12-16 | Price change | $1,799,999 |
| 2024-12-05 | Price change | $1,829,000 |
| 2024-10-24 | Price change | $1,889,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-25 | $13485.08 | 3.40% | $772,655 | 3.00% |
| 2022-12-25 | $13041.48 | 0.23% | $750,151 | 3.00% |
| 2021-12-25 | $13011.75 | 56.68% | $728,302 | 56.32% |
Listed by: Hazel Goldman • RE/MAX Advance Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11653192
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.
