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9908 HAMMOCKS Boulevard # 42, Miami FL 33196
About this home
Excellent investment opportunity! This well-maintained property offers the unique option to live in the main residence while generating rental income from the downstairs efficiency. The efficiency includes one bedroom, a small kitchen, and a private bathroom. The current tenant is interested in continuing the lease at $1,000 per month, providing immediate income potential. Conveniently located near major highways in a quiet, desirable neighborhood. The property is in excellent condition and ready for its new owner.
Features
- Pantry
- Volume Ceilings
- None
- Screened Balcony
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $1,947
- HOA
- $424 / mo
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.