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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% |
Investment property for sale in Miami at 9520 SW 8th St APT 109, Miami, FL, 33174 uses $94,478 cash to close to unlock $8,803/yr annual cash flow and $734/mo monthly cash flow. Total monthly income runs $2,939/mo, and a $1,395/mo payment keeps the spread at $734/mo. Purchase price stands at $285,000, and rental yield measures 12.37% with $2,939/mo rent. Return on cash invested shows 29.23% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 154.86% and total cumulative return in cash records $146,310. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,939/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
$314 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 |
|---|---|---|
| 2024-12-19 | Sold | $270,000 |
| 2024-11-30 | Contingent | $281,000 |
| 2024-11-12 | Listed for sale | $281,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-26 | $1883.92 | 4.35% | $150,647 | 3.00% |
| 2022-12-26 | $1805.33 | 0.58% | $146,260 | 3.00% |
| 2021-12-26 | $1794.93 | -15.98% | $142,000 | 24.70% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
