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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 9974 SW 88th St APT 1029, Miami, FL, 33176 listed at $255,000 pairs $2,220/mo rent with a $1,248/mo payment to leave $110/mo cash flow. Total monthly income runs $2,220/mo, and annual cash flow reaches $1,324/yr on $84,533 cash to close. Return on cash invested measures 21.47% in year one, and rental yield registers 10.45% at a $255,000 basis. Equity gained on principal adds $1,645/yr, and annual property appreciation at 5% supports $70,452 by year five. Five-year ROI tracks 114.01% and total cumulative return in cash totals $96,380. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,220/mo property income relative to a $1,248/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1968
N/A lot
$N/A/sqft
$357 monthly HOA
Neighborhood data shown for ZIP Code: 33176, Miami, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,588 (100%) |
| Owner Occupied HU | 12,744 (68.6%) |
| Renter Occupied HU | 5,081 (27.3%) |
| Vacant Housing Units | 763 ( 4.1%) |
| Median Home Value | $656,787 |
| Average Home Value | $712,741 |
Residential
19,637
Single Family
15,040
Multi-Family
4,597
Businesses
1,561
Date | Event | Price |
|---|---|---|
| 2025-08-25 | Listed for sale | $255,000 |
| 2025-08-22 | Listing removed | $260,000 |
| 2025-06-30 | Listed for sale | $260,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-25 | $2995.07 | 11.31% | $168,504 | 10.00% |
| 2023-08-25 | $2690.63 | 12.18% | $153,186 | 10.00% |
| 2022-08-25 | $2398.47 | 7.61% | $139,260 | 10.00% |
Listed by: Paul Pineda • EXP Realty South LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11863669
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.
