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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% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Miami Gardens at 3825 NW 193rd Ter, Miami Gardens, FL, 33055 earns from $3,840/mo rent with a $2,937/mo payment. Total monthly income totals $3,840/mo. ROI tracks 18.7% on current figures, and rental yield reads 7.68% at a $600,000 purchase. Equity gained on principal adds $3,872/yr, and 5% annual appreciation supports $165,769 over five years. Five-year ROI reaches 97.08% and total cumulative return in cash sums $191,628. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,840/mo property income instead of your personal income.
Single Family
Built in 1958
0.29 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 33055, Opa Locka, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,602 (100%) |
| Owner Occupied HU | 9,791 (77.7%) |
| Renter Occupied HU | 2,665 (21.1%) |
| Vacant Housing Units | 146 ( 1.2%) |
| Median Home Value | $382,793 |
| Average Home Value | $499,620 |
Housing Distribution
Address Breakdown
Residential
12,413
Single Family
12,035
Multi-Family
378
Businesses
406
Price History
Date | Event | Price |
|---|---|---|
| 2025-09-30 | Listed for sale | $600,000 |
| 2012-06-26 | Sold | $230,000 |
| 2006-01-23 | Sold | $269,900 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-28 | $6322.25 | 4.68% | $288,808 | 3.00% |
| 2023-10-28 | $6039.81 | 3.61% | $280,397 | 3.00% |
| 2022-10-28 | $5829.48 | 1.15% | $272,231 | 3.00% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1958
- Architectural Style: N/A
- Building Area: 1,883
- Living Area: 1,496 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central
- Cooling: Central Air
- Flooring: Tile, Vinyl
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Circular Driveway, Driveway
Location
- City: Miami Gardens
- Subdivision: Carol City 2nd Addn
- Lot Size: 0.29 Acres
- Lot Features: Less Than 1/4 Acre Lot
- View: None
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Municipal Water
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: Carol City
- High School: N/A
Listed by: Justin Kirkwood • Luxe Properties
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11887786
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.