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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 9682 Fontainebleau Blvd APT 602, Miami, FL, 33172 generates $2,314/mo in rent and, after a $1,072/mo payment, leaves $393/mo in cash flow. Total monthly income is $2,314/mo, and annual cash flow is $4,711/yr on $72,599 invested. Return on cash invested sits at 26.4% in year one, and rental yield is 12.68% on a $219,000 entry. Equity gained on principal adds $1,413/yr, while 5% annual appreciation builds toward $60,506 over five years. Five-year ROI reaches 141.06% and total cumulative return in cash sums $102,405. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,314/mo property income rather than buyer’s personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
$428 monthly HOA
Neighborhood data shown for ZIP Code: 33172, Miami, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,611 (100%) |
| Owner Occupied HU | 7,597 (43.1%) |
| Renter Occupied HU | 9,290 (52.8%) |
| Vacant Housing Units | 724 ( 4.1%) |
| Median Home Value | $323,921 |
| Average Home Value | $406,612 |
Residential
16,288
Single Family
4,549
Multi-Family
11,739
Businesses
2,989
Date | Event | Price |
|---|---|---|
| 2024-12-09 | Price change | $219,000 |
| 2024-10-04 | Listed for sale | $229,000 |
| 2024-07-18 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-26 | $2427.84 | 17.36% | $131,209 | 10.00% |
| 2022-12-26 | $2068.69 | 6.43% | $119,281 | 10.00% |
| 2021-12-26 | $1943.69 | 11.67% | $108,438 | 10.00% |
Listed by: Stelia Carvajal • Fortex Realty Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11671045
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.
