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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% |
Rental property for sale in Pinecrest at 8607 SW 68th Ct #26, Pinecrest, FL, 33156 generates $2,714/mo in rent and, after a $1,958/mo payment, leaves $59/mo in cash flow. Total monthly income is $2,714/mo, and annual cash flow is $712/yr on $132,600 invested. Return on cash invested sits at 20.45% in year one, and rental yield is 8.14% on a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 106.32% and total cumulative return in cash sums $140,980. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,714/mo property income rather than buyer’s personal income.
Condo
Built in 1968
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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Martha Dominguez • Compass Florida, LLC.
Mls Name: MIAMI
Mls ID: #A11851384
