1167 NW 2nd StFlorida CityFL33034
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1167 NW 2nd St, Florida City, FL, 33034 offers a 9.61% rental yield on a $528,000 purchase with $4,230/mo rent. Total monthly income registers $4,230/mo, and a $2,584/mo payment leaves $726/mo available for distribution. Annual cash flow reaches $8,717/yr on $173,712 to close, and return on cash invested stands at 25.08% in year one. Equity gained on principal adds $3,407/yr while 5% annual appreciation supports $145,877 over five years. Portfolio math shows five-year ROI at 131.13% and total cumulative return in cash at $227,787. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,230/mo property income against a $2,584/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
3,080 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2023
- Architectural Style: N/A
- Building Area: N/A
- Living Area: N/A
- Property Condition: N/A
Features & Amenities
- Heating: N/A
- Cooling: N/A
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Covered, Driveway, Guest, Limited # Of Vehicle, No Rv/Boats, No Trucks/Trailers, Converted Garage
Location
- City: Florida City
- State: FL
- Subdivision: N/A
- Lot Size: 3,080 sqft
- Lot Features: N/A
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- 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: Norberto Grinstein PA • Grand Realty of America, Corp.
Mls Name: MIAMI
Mls ID: #A11907170