8701 SW 141st St APT B4, Palmetto Bay, FL, 33176 | $259/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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8701 SW 141st St APT B4, Palmetto Bay, FL, 33176 | $259/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Palmetto Bay at 8701 SW 141st St APT B4, Palmetto Bay, FL, 33176 uses $65,969 cash to close to unlock $3,113/yr annual cash flow and $259/mo monthly cash flow. Total monthly income runs $1,580/mo, and a $974/mo payment keeps the spread at $259/mo. Purchase price stands at $199,000, and rental yield measures 9.53% with $1,580/mo rent. Return on cash invested shows 24.63% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 128.78% and total cumulative return in cash records $84,954. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,580/mo property income covering a $974/mo payment rather than investor’s personal income.

Condo

Built in 1968

N/A lot

$N/A/sqft

No HOA

More details about the property

Nestled on the ground level, this inviting 1-bedroom, 1-bathroom corner condo offers charm and opportunity. Imagine mornings spent sipping coffee on your screened-in patio as the neighborhood comes to life, or evenings unwinding in your own private space after a day out. The comfortable layout offers easy living with a bright main living area and a spacious bedroom, ready to be personalized and updated to your taste. Enjoy community amenities including a relaxing pool, convenient laundry facilities, and common outdoor areas for relaxing or getting fresh air. With assigned parking and a convenient location in Palmetto Bay just steps from S. Dixie Hwy and minutes from The Falls, dining, shopping, and top-rated schools this condo is an excellent opportunity to create the perfect home.

Neighborhood Data

Neighborhood data shown for ZIP Code: 33176, Miami, FL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	18,588 (100%)
Owner Occupied HU	12,744 (68.6%)
Renter Occupied HU	5,081 (27.3%)
Vacant Housing Units	763 ( 4.1%)
Median Home Value	$656,787
Average Home Value	$712,741