For sale Home

Listed Feb 16, 2024

$649,999 Est. $4,299/mo

11520 Northwest 31st Place

  • 5

    Beds

  • 2

    Baths

  • 1,283

    Sq ft

The story

No HOA • $76,608/year gross rental income • Actual ROI 10.53% • Excellent cash-flowing investment property rented for $6,384/month (as of November: the government pays 100% of the rent and payments are on time) • Long-term tenant in place since May 2023; lease renewal through 04/30/2027 • 5-bed, 2-bath single-family home on a 6,000 sqft lot • Roof 2022 • AC 2018 • Water heater 2020 • Partial re-pipe 2020 • High-yield income property with strong in-place rent • Management company available for a smooth transition • Please do not disturb tenant or knock on the door!

Facts & features

Home type

Home

Year built

1977

Floors

1

Price per sq ft

$507

Included features

  • Cooling

    Central Air, Ceiling Fans

  • Heating

    Central

  • Appliances

    Dryer, Dishwasher, Electric Range, Refrigerator, Washer

  • Flooring

    Vinyl

  • Roof

    Shingle

  • Lot Information

    Less Than Quarter Acre

  • Exterior

    Fence

  • Water Source

    Public

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$4,299 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $3,460
  • Property tax $650
  • Insurance $190

Includes principal, interest, taxes & insurance.

Your Property Journey

Interested in this, or something like it?

Submit an inquiry

Drop your details and we will help you find what you are looking for.

Not quite. Help me find the right one

Talk it through or type it out, whichever feels easiest.

Your contact details

An agent will reach out personally, no automated calls.

Smart Assistant

Hi, how can I help you find your dream home?

Tap the voice button to talk, or just start typing.

Tap anywhere to fix a word or add more

Tap stop when you’re done. You can edit the text before searching.

By submitting, you agree to our Privacy Policy and Terms.

Listing Broker

London Foster Realty

Broker Name

London Foster Realty

Agent

Denise Haeussler Leatherbee

Location

Miami FL 33156