Professional grm calculator optimized for residential properties in Miami. Local market data shows 5.5% average cap rates and $580,000 median property values.
This calculator is currently being developed.
The Miami, FL residential real estate market offers unique investment opportunities. With a median home price of $580,000 and average cap rates of 5.5%,residential properties in this market present a stable investment profile.
Current market conditions show properties averaging 35 days on market, with year-over-year appreciation of 5.8%. Average cash-on-cash returns for residential investments in Miami are approximately 8.2%.