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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in South Miami, FL
$ 270,000
ROI
19.9
Cash Flow/m
12- 1 Bed
- 1 Bath
- 712 sft
7740 Camino Real #G-306, South Miami, FL, 33143
$ 230,000
ROI
26.3Cash Flow/m
415- 1 Bed
- 1 Bath
- 510 sft
6330 SW 79th St APT 2, South Miami, FL, 33143
Currently Rented
$ 295,000
ROI
20.1Cash Flow/m
28- 1 Bed
- 1 Bath
- 522 sft
6001 SW 70th St APT 208, South Miami, FL, 33143
$ 300,000
ROI
23.7Cash Flow/m
328- 1 Bed
- 1 Bath
- 652 sft
6001 SW 70th St APT 249, 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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