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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 9725 Hammocks Blvd APT 108F, Miami, FL, 33196 uses $91,826 cash to close to unlock $1,843/yr annual cash flow and $154/mo monthly cash flow. Total monthly income runs $1,992/mo, and a $1,356/mo payment keeps the spread at $154/mo. Purchase price stands at $277,000, and rental yield measures 8.63% with $1,992/mo rent. Return on cash invested shows 21.92% in year one, and 5% annual appreciation builds toward $76,530 over five years. Five-year ROI reaches 114.22% and total cumulative return in cash records $104,883. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,992/mo property income covering a $1,356/mo payment rather than investor’s personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Pedro Saavedra • South Pointe Drive Realty Inc
Mls Name: MIAMI
Mls ID: #A11883803
