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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 9688 Fontainebleau Blvd APT 208, Miami, FL, 33172 offers a 9.98% rental yield on a $279,000 purchase with $2,320/mo rent. 01% in year one. Equity gained on principal adds $1,800/yr while 5% annual appreciation supports $77,083 over five years. Portfolio math shows five-year ROI at 101.13% and total cumulative return in cash at $93,535. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,320/mo property income against a $1,366/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1982
N/A lot
$N/A/sqft
$487 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 |
|---|---|---|
| 2025-01-15 | Price change | $279,000 |
| 2024-09-12 | Price change | $299,000 |
| 2023-10-11 | Price change | $315,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $3085.42 | 9.76% | $169,611 | 10.00% |
| 2022-02-13 | $2811.17 | 13.91% | $154,192 | 10.00% |
| 2021-02-13 | $2467.86 | 0.80% | $140,175 | 1.85% |
Listed by: Daniel Ocon • Redfin Corporation
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11400690
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.
