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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 7713 SW 88th St #A103, Miami, FL, 33156 listed at $270,000 pairs $2,258/mo rent with a $1,322/mo payment to leave $183/mo cash flow. Total monthly income runs $2,258/mo, and annual cash flow reaches $2,200/yr on $89,505 cash to close. Return on cash invested measures 22.37% in year one, and rental yield registers 10.04% at a $270,000 basis. Equity gained on principal adds $1,742/yr, and annual property appreciation at 5% supports $74,596 by year five. Five-year ROI tracks 118.01% and total cumulative return in cash totals $105,625. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,258/mo property income relative to a $1,322/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1965
N/A lot
$N/A/sqft
$266 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 |
|---|---|---|
| 2024-12-09 | Listed for sale | $270,000 |
| 2024-01-19 | Listing removed | N/A |
| 2023-11-09 | Listed for rent | $2,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-26 | $2598.77 | 10.18% | $142,226 | 10.00% |
| 2022-12-26 | $2358.56 | 13.97% | $129,297 | 10.00% |
| 2021-12-26 | $2069.42 | -0.29% | $117,543 | N/A |
Listed by: Daniel Bajaroff • DK International Rlty Inc.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11706050
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.
