








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 8964 W Flagler St APT 209, Miami, FL, 33174 offers a 10.44% rental yield on a $400,000 purchase with $3,480/mo rent. Total monthly income registers $3,480/mo, and a $1,958/mo payment leaves $825/mo available for distribution. Annual cash flow reaches $9,904/yr on $132,600 to close, and return on cash invested stands at 27.38% in year one. Equity gained on principal adds $2,581/yr while 5% annual appreciation supports $110,513 over five years. Portfolio math shows five-year ROI at 143.5% and total cumulative return in cash at $190,276. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,480/mo property income against a $1,958/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2001
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33174, Miami, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,104 (100%) |
| Owner Occupied HU | 5,673 (51.1%) |
| Renter Occupied HU | 4,389 (39.5%) |
| Vacant Housing Units | 1,042 ( 9.4%) |
| Median Home Value | $466,008 |
| Average Home Value | $516,298 |
Residential
10,524
Single Family
6,966
Multi-Family
3,558
Businesses
874
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: Alexander Saieh • Midtown Realty Group, LLC
Mls Name: MIAMI
Mls ID: #A11933014