








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 110 Royal Palm Rd APT 305, Hialeah Gardens, FL, 33016 uses $72,930 cash to close to unlock $14,333/yr annual cash flow and $1,194/mo monthly cash flow. Total monthly income runs $3,005/mo, and a $1,077/mo payment keeps the spread at $1,194/mo. Purchase price stands at $220,000, and rental yield measures 16.39% with $3,005/mo rent. Return on cash invested shows 39.56% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 210.94% and total cumulative return in cash records $153,839. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,005/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Condo
Built in 1967
N/A lot
$N/A/sqft
$320 monthly HOA
Neighborhood data shown for ZIP Code: 33016, Hialeah, FL area.
| 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 |
Residential
15,579
Single Family
12,599
Multi-Family
2,980
Businesses
3,566
Date | Event | Price |
|---|---|---|
| 2024-05-10 | Listed for sale | $220,000 |
| 2024-05-10 | Contingent | $220,000 |
| 2024-01-29 | Listed for sale | $220,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $2322.56 | 16.06% | $114,376 | 16.00% |
| 2022-08-30 | $2001.14 | 12.98% | $98,600 | 16.00% |
| 2021-08-30 | $1771.29 | 6.72% | $85,000 | 9.31% |



Listed by: Luis Yanes • Miami International RealEstate
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11513105
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.