Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 7355 SW 89th St APT 420N, Miami, FL, 33156 generates $3,406/mo in rent and, after a $1,909/mo payment, leaves $784/mo in cash flow. Total monthly income is $3,406/mo, and annual cash flow is $9,403/yr on $129,285 invested. Return on cash invested sits at 27.18% in year one, and rental yield is 10.48% on a $390,000 entry. Equity gained on principal adds $2,517/yr, while 5% annual appreciation builds toward $107,750 over five years. Five-year ROI reaches 142.55% and total cumulative return in cash sums $184,292. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,406/mo property income rather than buyer’s personal income.
Condo
Built in 2007
N/A 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 |
|---|---|---|
| 2024-09-03 | Price change | $390,000 |
| 2024-07-16 | Price change | $395,000 |
| 2024-07-15 | Listed for sale | $410,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-04 | $3880.68 | 14.79% | $218,200 | 10.00% |
| 2022-09-04 | $3380.78 | -2.23% | $198,364 | 1.00% |
| 2021-09-04 | $3457.75 | -6.26% | $196,400 | -5.98% |
Listed by: Claudia Papa • Lifestyle International Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11585981
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.
