








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Miami at 8820 SW 132nd Place #302d-S, Miami, FL, 33186 generates $4,138/mo in rent and, after a $1,738/mo payment, leaves $1,306/mo in cash flow. Total monthly income is $4,138/mo, and annual cash flow is $15,669/yr on $117,683 invested. Return on cash invested sits at 33.22% in year one, and rental yield is 13.99% on a $355,000 entry. Equity gained on principal adds $2,291/yr, while 5% annual appreciation builds toward $98,080 over five years. Five-year ROI reaches 176.59% and total cumulative return in cash sums $207,816. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,138/mo property income rather than buyer’s personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
$476 monthly HOA
Neighborhood data shown for ZIP Code: 33186, Miami, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,605 (100%) |
| Owner Occupied HU | 16,522 (67.1%) |
| Renter Occupied HU | 7,348 (29.9%) |
| Vacant Housing Units | 735 ( 3.0%) |
| Median Home Value | $505,053 |
| Average Home Value | $567,931 |
Residential
25,085
Single Family
19,902
Multi-Family
5,183
Businesses
4,623
Date | Event | Price |
|---|---|---|
| 2024-10-03 | Listing removed | $365,000 |
| 2024-04-12 | Listed for sale | $365,000 |
| 2023-10-17 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Karin Libertino • Atlantic Florida Properties Inc
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11085831
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.