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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 9732 Hammocks Blvd APT 201-17, Miami, FL, 33196 earns $403/mo cash flow from $2,998/mo rent with a $1,664/mo payment. Total monthly income totals $2,998/mo, and annual cash flow totals $4,836/yr on $112,677 capital. ROI tracks 24.2% on current figures, and rental yield reads 10.58% at a $339,900 purchase. Equity gained on principal adds $2,193/yr, and 5% annual appreciation supports $93,908 over five years. Five-year ROI reaches 127.8% and total cumulative return in cash sums $143,999. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,998/mo property income instead of your personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
$290 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 |
|---|---|---|
| 2025-02-06 | Price change | $339,900 |
| 2025-01-30 | Listed for sale | $349,000 |
| 1993-08-12 | Sold | $52,400 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $3611.92 | 21.78% | $190,683 | 10.00% |
| 2022-02-13 | $2966.06 | 6.55% | $173,349 | 10.00% |
| 2021-02-13 | $2783.69 | 4.10% | $157,590 | 5.40% |
Listed by: Andres Hernandez • Level Real Estate Group, LLC.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11734753
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.
