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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 SW 129th Pl APT 207, Miami, FL, 33184 offers a 14.79% rental yield on a $211,000 purchase with $2,600/mo rent. Total monthly income registers $2,600/mo, and a $1,033/mo payment leaves $869/mo available for distribution. Annual cash flow reaches $10,427/yr on $69,947 to close, and return on cash invested stands at 34.82% in year one. Equity gained on principal adds $1,362/yr while 5% annual appreciation supports $58,295 over five years. Portfolio math shows five-year ROI at 185.43% and total cumulative return in cash at $129,701. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,600/mo property income against a $1,033/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1974
N/A lot
$N/A/sqft
$259 monthly HOA
Date | Event | Price |
|---|---|---|
| 2025-05-28 | Listing removed | $2,100 |
| 2025-05-19 | Price change | $2,100 |
| 2025-05-14 | Listed for rent | $2,200 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-10 | $2735.64 | 11.33% | $153,008 | 10.00% |
| 2023-10-10 | $2457.30 | 10.13% | $139,099 | 10.00% |
| 2022-10-10 | $2231.28 | 10.23% | $126,454 | 10.00% |
Listed by: Elizabeth Morales • Bahia International Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11724007
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.
