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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 Lakes at 8370 NW 144th St, Miami Lakes, FL, 33016 uses $185,885 cash to close to unlock $26,329/yr annual cash flow and $2,194/mo monthly cash flow. Total monthly income runs $6,317/mo, and a $2,765/mo payment keeps the spread at $2,194/mo. Purchase price stands at $565,000, and rental yield measures 13.42% with $6,317/mo rent. Return on cash invested shows 34.22% in year one, and 5% annual appreciation builds toward $156,099 over five years. Five-year ROI reaches 181.06% and total cumulative return in cash records $336,567. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,317/mo property income covering a $2,765/mo payment rather than investor’s personal income.
Single Family
Built in 1999
2,110 sqft lot
$N/A/sqft
$218 monthly HOA
Neighborhood data shown for ZIP Code: 33016, Hialeah, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,550 (100%) |
| Owner Occupied HU | 8,444 (54.3%) |
| Renter Occupied HU | 6,887 (44.3%) |
| Vacant Housing Units | 219 ( 1.4%) |
| Median Home Value | $404,651 |
| Average Home Value | $550,053 |
Residential
15,579
Single Family
12,599
Multi-Family
2,980
Businesses
3,566
Date | Event | Price |
|---|---|---|
| 2024-08-23 | Price change | $565,000 |
| 2024-08-13 | Price change | $575,000 |
| 2024-07-22 | Listed for sale | $585,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $6898.34 | 6.85% | $336,273 | 10.00% |
| 2022-08-30 | $6456.33 | 13.43% | $305,703 | 10.00% |
| 2021-08-30 | $5692.01 | 3.47% | $277,912 | 4.26% |
Listed by: Marina Pinto • Elite International Realty Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11627943
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.
