








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 Cutler Bay at 7408 SW 189th St, Cutler Bay, FL, 33157 generates $4,384/mo in rent, after a $6,358/mo payment. Total monthly income is $4,384/mo. Return on cash invested sits at 5.38% in year one, and rental yield is 4.05% on a $1,299,000 entry. Equity gained on principal adds $8,382/yr, while 5% annual appreciation builds toward $358,890 over five years. Five-year ROI reaches 26.52% and total cumulative return in cash sums $111,601. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,384/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
7,860 sqft lot
$N/A/sqft
$450 monthly HOA
Neighborhood data shown for ZIP Code: 33157, Miami, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,092 (100%) |
| Owner Occupied HU | 15,135 (62.8%) |
| Renter Occupied HU | 7,769 (32.2%) |
| Vacant Housing Units | 1,188 ( 4.9%) |
| Median Home Value | $556,743 |
| Average Home Value | $620,214 |
Residential
24,073
Single Family
19,662
Multi-Family
4,411
Businesses
2,254
Date | Event | Price |
|---|---|---|
| 2025-09-23 | Listed for sale | $1,299,000 |
| 2025-09-17 | Listing removed | $1,300,000 |
| 2025-08-01 | Listing removed | $8,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-23 | $18395.74 | 3.86% | $809,823 | 6.22% |
| 2023-09-23 | $17711.87 | 52.93% | $762,434 | 98.65% |
| 2022-09-23 | $11581.76 | 19.44% | $383,814 | 10.00% |



Listed by: Parisa Kamari • LoKation
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11883394
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.