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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 7350 SW 89th St APT 602S, Miami, FL, 33156 earns from $3,923/mo rent with a $2,031/mo payment. Total monthly income totals $3,923/mo. ROI tracks 15.48% on current figures, and rental yield reads 11.34% at a $415,000 purchase. Equity gained on principal adds $2,678/yr, and 5% annual appreciation supports $114,657 over five years. Five-year ROI reaches 85% and total cumulative return in cash sums $116,937. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,923/mo property income instead of your personal income.
Condo
Built in 2007
N/A lot
$N/A/sqft
$1,503 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 |
|---|---|---|
| 2025-10-08 | Sold | $415,000 |
| 2025-10-07 | Pending sale | $429,900 |
| 2025-08-28 | Price change | $429,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-28 | $5778.97 | 6.15% | $319,243 | 10.00% |
| 2023-10-28 | $5444.34 | 21.07% | $290,221 | 10.00% |
| 2022-10-28 | $4496.67 | -1.50% | $263,838 | 1.75% |
Listed by: Nancy Rodriguez-Gadinsky • Coldwell Banker Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11822939
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.
