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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 9708 Hammocks Blvd APT 101-32, Miami, FL, 33196 earns from $2,267/mo rent with a $1,591/mo payment. Total monthly income totals $2,267/mo. ROI tracks 15.82% on current figures, and rental yield reads 8.37% at a $325,000 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 over five years. Five-year ROI reaches 83.4% and total cumulative return in cash sums $89,857. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,267/mo property income instead of your personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
$395 monthly HOA
Neighborhood data shown for ZIP Code: 33196, Miami, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,647 (100%) |
| Owner Occupied HU | 11,084 (62.8%) |
| Renter Occupied HU | 5,630 (31.9%) |
| Vacant Housing Units | 933 ( 5.3%) |
| Median Home Value | $488,028 |
| Average Home Value | $533,929 |
Residential
17,517
Single Family
13,976
Multi-Family
3,541
Businesses
524
Date | Event | Price |
|---|---|---|
| 2025-08-25 | Listed for sale | $325,000 |
| 2024-08-28 | Listing removed | $2,300 |
| 2024-08-19 | Price change | $2,375 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-25 | $3877.54 | 7.35% | $209,751 | 10.00% |
| 2023-08-25 | $3611.92 | 21.78% | $190,683 | 10.00% |
| 2022-08-25 | $2966.06 | 6.55% | $173,349 | 10.00% |
Listed by: Henry Carlos Diez • Quality Service Realty, Inc.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11864782
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.
