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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 8889 Fontainebleau Blvd APT 204, Miami, FL, 33172 uses $99,119 cash to close to unlock $9,531/yr annual cash flow and $794/mo monthly cash flow. Total monthly income runs $2,778/mo, and a $1,463/mo payment keeps the spread at $794/mo. Purchase price stands at $299,000, and rental yield measures 11.15% with $2,778/mo rent. Return on cash invested shows 29.52% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 155.02% and total cumulative return in cash records $153,658. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,778/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Condo
Built in 1975
N/A lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Francisco Ortega • Fast Service Realty
Mls Name: MIAMI
Mls ID: #A11861155
