10101 W Okeechobee Rd APT 17202Hialeah GardensFL33016
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow10101 W Okeechobee Rd APT 17202, Hialeah Gardens, FL, 33016 in Hialeah Gardens is a solid income-producing rental, 10.41% gross yield, $2,690/mo rent, $443/mo net cash flow on a $310,000 buy. DSCR 1.93 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $85,647 and $2,855/yr in principal reduction project a total cumulative return of $158,916.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 7.0% |
| Monthly Cash Flow | $443 | $1,200 |
City averages based on Hialeah Gardens market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,690 |
| Total Monthly Debt Service | $1,934 |
| DSCR Ratio | 1.39x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1994
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33016, Hialeah, FL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
15,579
Single Family
12,599
Multi-Family
2,980
Businesses
3,566
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Condo
Built in 1994
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33016, Hialeah, FL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
15,579
Single Family
12,599
Multi-Family
2,980
Businesses
3,566
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carolina Torres • Epic Choice Realty
Mls Name: MIAMI
Mls ID: #A11955956