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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 9723 Hammocks Blvd APT 102, Miami, FL, 33196 earns from $2,258/mo rent with a $1,407/mo payment. Total monthly income totals $2,258/mo. ROI tracks 17.24% on current figures, and rental yield reads 9.42% at a $287,500 purchase. Equity gained on principal adds $1,855/yr, and 5% annual appreciation supports $79,431 over five years. Five-year ROI reaches 91.72% and total cumulative return in cash sums $87,419. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,258/mo property income instead of your personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
$504 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 |
|---|---|---|
| 2025-09-29 | Sold | $287,500 |
| 2025-08-20 | Pending sale | $290,000 |
| 2025-07-03 | Listed for sale | $290,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-09 | $3257.30 | 7.74% | $171,066 | 10.00% |
| 2023-10-09 | $3023.19 | 15.85% | $155,515 | 10.00% |
| 2022-10-09 | $2609.50 | 7.57% | $141,378 | 10.00% |
Listed by: Jose Lopez • Luxe Properties
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11834111
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.
