








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 9440 W Flagler St APT 204, Miami, FL, 33174 offers a 12.24% rental yield on a $229,331 purchase with $2,340/mo rent. Total monthly income registers $2,340/mo, and a $1,122/mo payment leaves $545/mo available for distribution. Annual cash flow reaches $6,539/yr on $76,023 to close, and return on cash invested stands at 28.51% in year one. Equity gained on principal adds $1,480/yr while 5% annual appreciation supports $63,360 over five years. Portfolio math shows five-year ROI at 151.11% and total cumulative return in cash at $114,877. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,340/mo property income against a $1,122/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1976
N/A lot
$N/A/sqft
$232 monthly 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 |
|---|---|---|
| 2024-12-13 | Listed for sale | $229,331 |
| 2024-10-30 | Pending sale | $229,331 |
| 2024-10-08 | Listed for sale | $229,331 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-26 | $2541.87 | 11.85% | $139,115 | 10.00% |
| 2022-12-26 | $2272.54 | 10.27% | $126,469 | 10.00% |
| 2021-12-26 | $2060.80 | 11.67% | $114,972 | 10.00% |



Listed by: Alejandro Morin • eRealty Associates Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11651840
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.