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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 8341 SW 157th Ave APT 304, Miami, FL, 33193 uses $99,417 cash to close to unlock $6,524/yr annual cash flow and $544/mo monthly cash flow. Total monthly income runs $2,929/mo, and a $1,468/mo payment keeps the spread at $544/mo. Purchase price stands at $299,900, and rental yield measures 11.72% with $2,929/mo rent. Return on cash invested shows 26.47% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 140.36% and total cumulative return in cash records $139,540. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,929/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Condo
Built in 1982
N/A lot
$N/A/sqft
$395 monthly HOA
Neighborhood data shown for ZIP Code: 33193, Miami, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,215 (100%) |
| Owner Occupied HU | 9,297 (61.1%) |
| Renter Occupied HU | 5,546 (36.5%) |
| Vacant Housing Units | 372 ( 2.4%) |
| Median Home Value | $485,162 |
| Average Home Value | $511,895 |
Residential
15,473
Single Family
10,820
Multi-Family
4,653
Businesses
177
Date | Event | Price |
|---|---|---|
| 2025-05-28 | Listed for sale | $299,900 |
| 2006-10-27 | Sold | $220,000 |
| 2004-06-18 | Sold | $140,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-28 | $610.19 | 3.88% | $76,263 | 3.00% |
| 2023-05-28 | $587.42 | 3.00% | $74,042 | 3.00% |
| 2022-05-28 | $570.30 | -1.48% | $71,886 | 3.00% |
Listed by: Nordis Forcade-Martin • Keller Williams Capital Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11810579
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.
