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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 900 SW 84th Ave APT 207A, Miami, FL, 33144 generates $2,400/mo in rent and, after a $1,179/mo payment, leaves $553/mo in cash flow. Total monthly income is $2,400/mo, and annual cash flow is $6,638/yr on $79,858 invested. Return on cash invested sits at 28.22% in year one, and rental yield is 11.96% on a $240,900 entry. Equity gained on principal adds $1,554/yr, while 5% annual appreciation builds toward $66,556 over five years. Five-year ROI reaches 149.41% and total cumulative return in cash sums $119,313. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,400/mo property income rather than buyer’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
$220 monthly HOA
Neighborhood data shown for ZIP Code: 33144, Miami, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,567 (100%) |
| Owner Occupied HU | 5,087 (53.2%) |
| Renter Occupied HU | 3,985 (41.7%) |
| Vacant Housing Units | 495 ( 5.2%) |
| Median Home Value | $505,191 |
| Average Home Value | $546,231 |
Residential
8,649
Single Family
6,523
Multi-Family
2,126
Businesses
1,823
Date | Event | Price |
|---|---|---|
| 2025-01-31 | Price change | $240,900 |
| 2025-01-22 | Price change | $242,000 |
| 2025-01-07 | Price change | $242,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $2484.13 | 18.17% | $132,715 | 10.00% |
| 2022-02-13 | $2102.10 | 4.84% | $120,650 | 10.00% |
| 2021-02-13 | $2005.13 | 11.61% | $109,682 | 10.00% |
Listed by: David Armas • TAG Real Estate Agency
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11661024
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.
