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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Homestead, FL
Listed for sale 3 days ago
$ 299,999
ROI
23.5
Cash Flow/m
310- 2 Bed
- 3 Bath
- 1431 sft
1940 SE 24th Ter #1940, Homestead, FL, 33035
Motivated Seller
Listed for sale 7 days ago
$ 216,000
ROI
22.7Cash Flow/m
175- 2 Bed
- 2 Bath
- 970 sft
840 Independence Dr #840F, Homestead, FL, 33034
$ 250,000
ROI
25.7Cash Flow/m
416- 2 Bed
- 2 Bath
- 925 sft
3550 NE 5th St APT 202, Homestead, FL, 33033
$ 248,499
ROI
27.2Cash Flow/m
513- 2 Bed
- 2 Bath
- 920 sft
945 NE 34th Ave Unit 103, Homestead, FL, 33033
Why Invest in Homestead, Florida?
Investing in condos in Homestead, FL, offers appealing potential for cash flow due to growing rental demand. With a favorable rental yield averaging around 6% and a consistent appreciation rate of 4%, now is an opportune time to explore multifamily properties. The city's strategic location provides easy access to Miami, enhancing its attractiveness for renters and investors alike.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental rate for condos in Homestead is approximately $1,800 per month. This figure is influenced by the growing demand and low vacancy rates in the area.
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