Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 209, Miami, FL, 33184 offers a 10.8% rental yield on a $220,000 purchase with $1,980/mo rent. Total monthly income registers $1,980/mo, and a $1,077/mo payment leaves $195/mo available for distribution. Annual cash flow reaches $2,341/yr on $72,930 to close, and return on cash invested stands at 23.12% in year one. Equity gained on principal adds $1,420/yr while 5% annual appreciation supports $60,782 over five years. Portfolio math shows five-year ROI at 122.63% and total cumulative return in cash at $89,435. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,980/mo property income against a $1,077/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
$260 monthly HOA
Date | Event | Price |
|---|---|---|
| 2025-09-01 | Listed for sale | $220,000 |
| 2019-02-19 | Listing removed | $1,300 |
| 2019-01-04 | Listed for rent | $1,300 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-02 | $2735.64 | 11.33% | $153,008 | 10.00% |
| 2023-09-02 | $2457.30 | 10.13% | $139,099 | 10.00% |
| 2022-09-02 | $2231.28 | 10.23% | $126,454 | 10.00% |
Listed by: Georgina Serret • Homeside Realty Corp.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11860863
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.
