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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 1 day ago
$ 229,000
ROI
23.0
Cash Flow/m
204- 2 Bed
- 2 Bath
- 960 sft
889 Hamilton Dr #889D, Homestead, FL, 33034
Listed for sale 6 days ago
$ 220,000
ROI
20.0Cash Flow/m
18- 2 Bed
- 2 Bath
- 1075 sft
14830 Naranja Lakes Blvd #A3a, Homestead, FL, 33032
Listed for sale 6 days ago
$ 220,000
ROI
21.1Cash Flow/m
83- 2 Bed
- 2 Bath
- 1075 sft
14830 Naranja Lakes Blvd #A1n, Homestead, FL, 33032
Listed for sale 6 days ago
$ 318,000
ROI
22.1Cash Flow/m
207- 3 Bed
- 3 Bath
- 1365 sft
133 SE 28th Ter Unit 8, 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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