Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 8911 SW 123rd Ct APT 201, Miami, FL, 33186 listed at $340,000 pairs $3,271/mo rent with a $1,664/mo payment to leave $621/mo cash flow. Total monthly income runs $3,271/mo, and annual cash flow reaches $7,450/yr on $112,710 cash to close. Return on cash invested measures 26.52% in year one, and rental yield registers 11.54% at a $340,000 basis. Equity gained on principal adds $2,194/yr, and annual property appreciation at 5% supports $93,936 by year five. Five-year ROI tracks 140.39% and total cumulative return in cash totals $158,238. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,271/mo property income relative to a $1,664/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1988
N/A lot
$N/A/sqft
$394 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 |
|---|---|---|
| 2024-12-16 | Listed for sale | $340,000 |
| 2017-05-02 | Sold | $184,000 |
| 1996-08-01 | Sold | $76,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-25 | $2148.73 | 4.19% | $166,174 | 3.00% |
| 2022-12-25 | $2062.23 | 0.47% | $161,334 | 3.00% |
| 2021-12-25 | $2052.58 | 1.47% | $156,635 | 1.40% |
Listed by: Aldo Carcedo Aguiar • Island Living Realty, LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11709907
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.
