102 NE 23rd TerHomesteadFL33033
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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
Investment Highlights
Investment property for sale in Homestead at 102 NE 23rd Ter, Homestead, FL, 33033 earns $273/mo cash flow from $4,658/mo rent with a $2,937/mo payment. Total monthly income totals $4,658/mo, and annual cash flow totals $3,276/yr on $197,400 capital. ROI tracks 21.72% on current figures, and rental yield reads 9.32% at a $599,999 purchase. Equity gained on principal adds $3,872/yr, and 5% annual appreciation supports $165,769 over five years. Five-year ROI reaches 113.99% and total cumulative return in cash sums $225,011. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,658/mo property income instead of your personal income.
Single Family
Built in 2018
8,282 sqft lot
$N/A/sqft
$100 monthly HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 33033, Homestead, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,526 (100%) |
| Owner Occupied HU | 12,717 (56.5%) |
| Renter Occupied HU | 9,219 (40.9%) |
| Vacant Housing Units | 590 ( 2.6%) |
| Median Home Value | $455,816 |
| Average Home Value | $499,751 |
Housing Distribution
Address Breakdown
Residential
21,729
Single Family
19,094
Multi-Family
2,635
Businesses
594
Price History
Date | Event | Price |
|---|---|---|
| 2025-02-11 | Price change | $599,999 |
| 2025-01-27 | Price change | $619,900 |
| 2024-10-02 | Listed for sale | $640,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $8976.26 | 4.04% | $346,414 | 3.00% |
| 2022-02-13 | $8627.40 | 0.18% | $336,325 | 3.00% |
| 2021-02-13 | $8612.06 | 6.45% | $326,530 | 0.77% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2018
- Architectural Style: N/A
- Building Area: 3,152
- Living Area: 2,504 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Electric
- Cooling: Central Air
- Flooring: Tile, Wood
- Interior Features: Pantry, Walk-In Closet(s)
- Exterior Features: N/A
- Parking Features: Driveway
Location
HOA & Fees
- HOA Fee: $100 monthly
- Association Fee: $100 monthly
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Municipal Water
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Amaya Castro • The Keyes Company
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11665252
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.