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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Hialeah Gardens at 10011 W Okeechobee Rd APT 202, Hialeah Gardens, FL, 33016 uses $99,450 cash to close to unlock $7,407/yr annual cash flow and $617/mo monthly cash flow. Total monthly income runs $2,825/mo, and a $1,468/mo payment keeps the spread at $617/mo. Purchase price stands at $300,000, and rental yield measures 11.3% with $2,825/mo rent. Return on cash invested shows 27.36% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 144.35% and total cumulative return in cash records $143,556. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,825/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Condo
Built in 1998
N/A lot
$N/A/sqft
$190 monthly HOA
Neighborhood data shown for ZIP Code: 33016, Hialeah, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,550 (100%) |
| Owner Occupied HU | 8,444 (54.3%) |
| Renter Occupied HU | 6,887 (44.3%) |
| Vacant Housing Units | 219 ( 1.4%) |
| Median Home Value | $404,651 |
| Average Home Value | $550,053 |
Residential
15,579
Single Family
12,599
Multi-Family
2,980
Businesses
3,566
Date | Event | Price |
|---|---|---|
| 2024-08-11 | Price change | $300,000 |
| 2024-07-06 | Listed for sale | $315,000 |
| 2001-12-27 | Sold | $89,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $2995.61 | 8.63% | $132,145 | 10.00% |
| 2022-08-30 | $2757.74 | 8.65% | $120,132 | 10.00% |
| 2021-08-30 | $2538.14 | 5.25% | $109,211 | 10.00% |
Listed by: Oneida Marti • La Rosa Realty LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11618878
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
