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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 9001 SW 77th Ave APT C603, Miami, FL, 33156 generates $3,189/mo in rent and, after a $1,738/mo payment, leaves $252/mo in cash flow. Total monthly income is $3,189/mo, and annual cash flow is $3,021/yr on $117,683 invested. Return on cash invested sits at 22.48% in year one, and rental yield is 10.78% on a $355,000 entry. Equity gained on principal adds $2,291/yr, while 5% annual appreciation builds toward $98,080 over five years. Five-year ROI reaches 119.34% and total cumulative return in cash sums $140,448. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,189/mo property income rather than buyer’s personal income.
Condo
Built in 1971
N/A lot
$N/A/sqft
$581 monthly HOA
Neighborhood data shown for ZIP Code: 33156, Miami, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,990 (100%) |
| Owner Occupied HU | 8,719 (62.3%) |
| Renter Occupied HU | 4,237 (30.3%) |
| Vacant Housing Units | 1,034 ( 7.4%) |
| Median Home Value | $1,042,504 |
| Average Home Value | $1,217,756 |
Residential
13,520
Single Family
8,962
Multi-Family
4,558
Businesses
1,518
Date | Event | Price |
|---|---|---|
| 2024-12-16 | Listing removed | $2,400 |
| 2024-11-20 | Listed for rent | $2,300 |
| 2024-10-28 | Price change | $355,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $1848.55 | 4.38% | $148,573 | 3.00% |
| 2022-02-13 | $1771.00 | 0.60% | $144,246 | 3.00% |
| 2021-02-13 | $1760.51 | 1.53% | $140,045 | 1.40% |
Listed by: Yilena Mendoza • Julies Realty, LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11668146
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.
