1037 NW 1stFlorida CityFL33034
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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 Florida City at 1037 NW 1st, Florida City, FL, 33034 uses $141,050 cash to close to unlock $14,867/yr annual cash flow and $1,239/mo monthly cash flow. Total monthly income runs $4,230/mo, and a $2,083/mo payment keeps the spread at $1,239/mo. Purchase price stands at $425,490, and rental yield measures 11.93% with $4,230/mo rent. Return on cash invested shows 30.45% in year one, and 5% annual appreciation builds toward $117,555 over five years. Five-year ROI reaches 160.46% and total cumulative return in cash records $226,323. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,230/mo property income covering a $2,083/mo payment rather than investor’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$167 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33034, Homestead, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,884 (100%) |
| Owner Occupied HU | 4,205 (47.3%) |
| Renter Occupied HU | 4,271 (48.1%) |
| Vacant Housing Units | 408 ( 4.6%) |
| Median Home Value | $325,349 |
| Average Home Value | $418,352 |
Housing Distribution
Address Breakdown
Residential
8,092
Single Family
5,451
Multi-Family
2,641
Businesses
636
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Listed by: Nitza Chamizo • Florida Realty of Miami Corp
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11851440
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.