Under $300K Investment Properties for Sale in South Miami, FL
$ 300,000
ROI
24.6
Cash Flow/m
404- 1 Bed
- 1 Bath
- 652 sft
6001 SW 70th St APT 324, South Miami, FL, 33143
$ 300,000
ROI
23.7Cash Flow/m
328- 1 Bed
- 1 Bath
- 652 sft
6001 SW 70th St APT 620, South Miami, FL, 33143
Currently Rented
$ 290,000
ROI
23.0Cash Flow/m
260- 1 Bed
- 1 Bath
- 652 sft
6001 SW 70th St APT 625, South Miami, FL, 33143
$ 299,000
ROI
23.6Cash Flow/m
321- 1 Bed
- 1 Bath
- 720 sft
6001 SW 70th St APT 117, South Miami, FL, 33143
Why Invest in South Miami, Florida?
Investing in South Miami offers attractive properties under $300k, making it an enticing opportunity for budget-conscious investors. The area's robust rental market boasts an average rental yield of 7% and a cap rate of 6%, providing promising returns. Coupled with an appreciation rate of 5%, investors can expect solid cash flow and a growing tenant base.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$400/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rent in South Miami is approximately $1,500 per month, making it a competitive market for rental properties.
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