1078 NW 6TH TERRACEFlorida 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
Rental property for sale in Florida City at 1078 NW 6TH TERRACE, Florida City, FL, 33034 generates $3,090/mo in rent and, after a $1,517/mo payment, leaves $933/mo in cash flow. Total monthly income is $3,090/mo, and annual cash flow is $11,197/yr on $102,762 invested. Return on cash invested sits at 30.81% in year one, and rental yield is 11.96% on a $309,990 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation builds toward $85,645 over five years. Five-year ROI reaches 162.32% and total cumulative return in cash sums $166,804. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,090/mo property income rather than buyer’s personal income.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
$100 monthly HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2025-03-18 | Price change | $309,990 |
| 2025-03-13 | Listed for sale | $319,990 |
| 2025-03-04 | Pending sale | $319,990 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
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Facts & Features
General Information
- Type: Townhouse
- Year Built: 2025
- Architectural Style: N/A
- Building Area: 1,395
- Living Area: 1,380 sqft
- Property Condition: Under Construction
Features & Amenities
- Heating: Central
- Cooling: Central Air
- Flooring: Carpet, Ceramic Tile
- Interior Features: Entrance Foyer, Pantry, Walk-In Closet(s)
- Exterior Features: N/A
- Parking Features: 1 Space, On Street, Limited # Of Vehicle, No Trucks/Trailers
Location
- City: Florida City
- State: FL
- Subdivision: Costa Blanca
- Lot Size: N/A
- Lot Features: N/A
- View: Other View
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: N/A
- Water Source: N/A
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Bill Maltbie • Maltbie Realty Group
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10493118
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.