








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 10949 W Okeechobee Rd UNIT 202, Hialeah Gardens, FL, 33018 uses $106,080 cash to close to unlock $7,280/yr annual cash flow and $607/mo monthly cash flow. Total monthly income runs $2,982/mo, and a $1,566/mo payment keeps the spread at $607/mo. Purchase price stands at $320,000, and rental yield measures 11.18% with $2,982/mo rent. Return on cash invested shows 26.77% in year one, and 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 141.26% and total cumulative return in cash records $149,847. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,982/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Townhouse
Built in 2000
N/A lot
$N/A/sqft
$252 monthly HOA
Neighborhood data shown for ZIP Code: 33018, Hialeah, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,368 (100%) |
| Owner Occupied HU | 13,103 (67.7%) |
| Renter Occupied HU | 5,725 (29.6%) |
| Vacant Housing Units | 540 ( 2.8%) |
| Median Home Value | $488,748 |
| Average Home Value | $545,280 |
Residential
18,558
Single Family
17,197
Multi-Family
1,361
Businesses
1,602
Date | Event | Price |
|---|---|---|
| 2025-09-29 | Sold | $320,000 |
| 2025-08-25 | Price change | $324,995 |
| 2025-08-13 | Listed for sale | $329,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-15 | $1762.80 | 1.58% | $131,030 | 3.00% |
| 2023-10-15 | $1735.40 | 4.76% | $127,214 | 3.00% |
| 2022-10-15 | $1656.61 | 1.50% | $123,509 | 3.00% |



Listed by: Lis Pintado • United Realty Group Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11857808
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.