10960 SW 219th St
More Than Just a Property
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Nearby Schools
Educational options and performance ratings in the area.
Goulds Elementary School
Miami Southridge Senior High School
Cutler Bay Middle
Miami, FL Investment Analysis (2026)
Cap Rate Range: 5.4% - 6.6% · Median Rent: $3,400/mo · Effective Tax: 0.91%
Property Overview
A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.
Features & Amenities
Haven AI Verdict
Data provided by Haven AI. Disclaimer
Haven AI
10960 SW 219th St presents a compelling entry point into the Miami market, specifically within the Goulds submarket. Achieving a $510 monthly cash flow on a $449,900 asset is a significant achievement in the current high-interest-rate environment, where many Florida properties are currently cash-flow neutral or negative. The 7.43% rental yield is robust for a single-family home, providing a defensive buffer against market volatility. While the 4% appreciation forecast is conservative for South Florida, the immediate yield is the primary driver here. Investors must account for escalating insurance premiums and potential tax reassessments, which are the main threats to the current cash flow margin. Overall, it is a stable, income-producing asset.
- • Strong 7.43% rental yield exceeding Miami-Dade averages
- • Positive monthly cash flow of $510 provides immediate ROI
- • High demand for 3-bedroom configurations in working-class neighborhoods
- • Conservative price point for the Miami metropolitan area
- • Rising Florida property insurance premiums could compress margins
- • Location in Goulds may experience higher tenant turnover than premium coastal areas
- • Potential for property tax spikes upon ownership transfer
- • Maintenance reserves must be strictly maintained for 1,276 sqft aging infrastructure
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-05-04 | Sold | $451,900 | $354 |
| 2026-04-02 | Listed for sale | $449,900 | $353 |
| 2013-02-26 | Sold | $75,000 | $59 |
| 2013-01-13 | Pending sale | $79,900 | $63 |
| 2013-01-02 | Listed for sale | $79,900 | $63 |
| 2012-05-15 | Sold | $30,000 | $24 |
| 2012-02-05 | Listed for sale | $27,720 | $22 |
| 2011-12-07 | Sold | $24,200 | $19 |
| 2011-01-15 | Price change | $39,500 | $31 |
| 2010-10-09 | Price change | $40,000 | $31 |
| 2010-08-27 | Price change | $43,000 | $34 |
| 2010-04-22 | Price change | $46,000 | $36 |
| 2009-08-01 | Price change | $50,000 | $39 |
| 2009-07-18 | Price change | $65,000 | $51 |
| 2009-06-25 | Price change | $75,000 | $59 |
| 2009-04-03 | Price change | $99,000 | $78 |
| 2008-12-14 | Listed for sale | $135,000 | $106 |
| 2006-08-14 | Sold | $182,000 | $143 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $6,673.3 | $349,037 |
| 2024 | $6,348.41 | $317,307 |
| 2023 | $5,556.37 | $288,461 |
| 2022 | $5,020.56 | $262,238 |
| 2021 | $1,039.92 | $61,489 |
| 2020 | $1,036.53 | $60,641 |
| 2019 | $1,028.21 | $59,278 |
| 2018 | $984.04 | $58,173 |
| 2017 | $984.04 | $56,977 |
| 2016 | $981.25 | $55,806 |
| 2015 | $1,049.44 | $70,229 |
| 2014 | $1,464.6 | $54,980 |
| 2013 | $1,551.57 | $55,270 |
| 2012 | $1,551.57 | $60,095 |
| 2011 | $1,026.62 | $64,952 |
| 2010 | $1,204.78 | $77,352 |
| 2009 | $2,025.43 | $123,386 |
| 2007 | $3,478.63 | $163,703 |
| 2006 | $771.4 | $0 |
| 2005 | $771.4 | $0 |
| 2004 | $750.6 | $0 |
| 2003 | $665.54 | $0 |
| 2002 | $480.54 | $0 |
| 2001 | $480.54 | $0 |
Investment Numbers & Operating Model
Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.
Multi-factor yield grade
NOI: $22,726/yr
On $103,477 invested
Negative debt coverage
Equity + cumulative cash
Monthly Cash Flow Breakdown
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