1174 NE 32nd AveHomesteadFL33033
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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 Homestead at 1174 NE 32nd Ave, Homestead, FL, 33033 generates $2,880/mo in rent and, after a $1,566/mo payment, leaves $757/mo in cash flow. Total monthly income is $2,880/mo, and annual cash flow is $9,080/yr on $106,080 invested. Return on cash invested sits at 28.47% in year one, and rental yield is 10.8% on a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 149.34% and total cumulative return in cash sums $158,415. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,880/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
2,625 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33033, Homestead, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,526 (100%) |
| Owner Occupied HU | 12,717 (56.5%) |
| Renter Occupied HU | 9,219 (40.9%) |
| Vacant Housing Units | 590 ( 2.6%) |
| Median Home Value | $455,816 |
| Average Home Value | $499,751 |
Housing Distribution
Address Breakdown
Residential
21,729
Single Family
19,094
Multi-Family
2,635
Businesses
594
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