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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 870 NW 87th Ave APT 310, Miami, FL, 33172 listed at $285,000 pairs $2,356/mo rent with a $1,395/mo payment. Total monthly income runs $2,356/mo. Return on cash invested measures 19.01% in year one, and rental yield registers 9.92% at a $285,000 basis. Equity gained on principal adds $1,839/yr, and annual property appreciation at 5% supports $78,740 by year five. Five-year ROI tracks 101.11% and total cumulative return in cash totals $95,526. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,356/mo property income relative to a $1,395/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1972
N/A lot
$N/A/sqft
$450 monthly HOA
Neighborhood data shown for ZIP Code: 33172, Miami, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,611 (100%) |
| Owner Occupied HU | 7,597 (43.1%) |
| Renter Occupied HU | 9,290 (52.8%) |
| Vacant Housing Units | 724 ( 4.1%) |
| Median Home Value | $323,921 |
| Average Home Value | $406,612 |
Residential
16,288
Single Family
4,549
Multi-Family
11,739
Businesses
2,989
Date | Event | Price |
|---|---|---|
| 2025-06-09 | Listed for sale | $285,000 |
| 2025-06-06 | Listing removed | $285,000 |
| 2025-02-12 | Listed for rent | $2,250 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-10 | $3560.66 | 14.18% | $194,205 | 10.00% |
| 2023-06-10 | $3118.42 | 14.00% | $176,550 | 10.00% |
| 2022-06-10 | $2735.45 | 5.22% | $160,500 | 8.70% |
Listed by: Ines Carreno • Homes Real Estate Group Inc.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11818974
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.
