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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 8870 Fontainebleau Blvd APT 503, Miami, FL, 33172 listed at $310,000 pairs $2,867/mo rent with a $1,517/mo payment to leave $469/mo cash flow. Total monthly income runs $2,867/mo, and annual cash flow reaches $5,634/yr on $102,765 cash to close. Return on cash invested measures 25.39% in year one, and rental yield registers 11.1% at a $310,000 basis. Equity gained on principal adds $2,000/yr, and annual property appreciation at 5% supports $85,647 by year five. Five-year ROI tracks 134.28% and total cumulative return in cash totals $137,995. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,867/mo property income relative to a $1,517/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1971
N/A lot
$N/A/sqft
$306 monthly HOA
Neighborhood data shown for ZIP Code: 33172, Miami, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,611 (100%) |
| Owner Occupied HU | 7,597 (43.1%) |
| Renter Occupied HU | 9,290 (52.8%) |
| Vacant Housing Units | 724 ( 4.1%) |
| Median Home Value | $323,921 |
| Average Home Value | $406,612 |
Residential
16,288
Single Family
4,549
Multi-Family
11,739
Businesses
2,989
Date | Event | Price |
|---|---|---|
| 2024-08-28 | Listed for sale | $310,000 |
| 2024-08-19 | Listing removed | N/A |
| 2024-08-17 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-26 | $3174.35 | 17.14% | $174,900 | 10.00% |
| 2022-12-26 | $2709.87 | 6.09% | $159,000 | 10.38% |
| 2021-12-26 | $2554.35 | 10.47% | $144,045 | 10.00% |
Listed by: Alexa Martinez • Compass Florida, LLC.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11649279
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.
