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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 Lakes at 8809 NW 169th Ter, Miami Lakes, FL, 33018 earns from $4,584/mo rent with a $3,911/mo payment. Total monthly income totals $4,584/mo. ROI tracks 16.29% on current figures, and rental yield reads 6.88% at a $799,000 purchase. Equity gained on principal adds $5,156/yr, and 5% annual appreciation supports $220,749 over five years. Five-year ROI reaches 84.18% and total cumulative return in cash sums $221,274. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,584/mo property income instead of your personal income.
Single Family
Built in 2003
6,509 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33018, Hialeah, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,368 (100%) |
| Owner Occupied HU | 13,103 (67.7%) |
| Renter Occupied HU | 5,725 (29.6%) |
| Vacant Housing Units | 540 ( 2.8%) |
| Median Home Value | $488,748 |
| Average Home Value | $545,280 |
Residential
18,558
Single Family
17,197
Multi-Family
1,361
Businesses
1,602
Date | Event | Price |
|---|---|---|
| 2025-02-08 | Listed for sale | $799,000 |
| 2009-12-07 | Sold | $300,000 |
| 2005-11-01 | Sold | $415,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $8399.80 | 6.51% | $437,218 | 10.00% |
| 2022-02-13 | $7886.24 | 12.91% | $397,471 | 10.00% |
| 2021-02-13 | $6984.48 | 0.71% | $361,338 | 1.05% |
Listed by: Erwin Estevez • NextEra Properties, LLC.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11736314
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.
