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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% |
Rental property for sale in Miami at 8990 SW 24th St APT 33, Miami, FL, 33165 generates $2,926/mo in rent and, after a $1,444/mo payment, leaves $968/mo in cash flow. Total monthly income is $2,926/mo, and annual cash flow is $11,619/yr on $97,793 invested. Return on cash invested sits at 31.79% in year one, and rental yield is 11.9% on a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 167.17% and total cumulative return in cash sums $163,478. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,926/mo property income rather than buyer’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33165, Miami, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,482 (100%) |
| Owner Occupied HU | 12,239 (70.0%) |
| Renter Occupied HU | 4,886 (27.9%) |
| Vacant Housing Units | 357 ( 2.0%) |
| Median Home Value | $552,675 |
| Average Home Value | $584,626 |
Residential
17,615
Single Family
15,903
Multi-Family
1,712
Businesses
1,103
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: Jorge Aguila • The Keyes Company
Mls Name: MIAMI
Mls ID: #A11908400
