1159 NW 3rd StFlorida 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 1159 NW 3rd St, Florida City, FL, 33034 generates $3,936/mo in rent and, after a $2,643/mo payment, leaves $353/mo in cash flow. Total monthly income is $3,936/mo, and annual cash flow is $4,230/yr on $177,660 invested. Return on cash invested sits at 22.44% in year one, and rental yield is 8.75% on a $540,000 entry. Equity gained on principal adds $3,485/yr, while 5% annual appreciation builds toward $149,192 over five years. Five-year ROI reaches 116.99% and total cumulative return in cash sums $207,842. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,936/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
3,000 sqft lot
$N/A/sqft
No 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: Christian Leeming • Lapeyre Realty Inc
Mls Name: MIAMI
Mls ID: #A11851775