1180 NW 1st StHomesteadFL33034
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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
Investment property for sale in Homestead at 1180 NW 1st St, Homestead, FL, 33034 earns $478/mo cash flow from $4,198/mo rent with a $2,692/mo payment. Total monthly income totals $4,198/mo, and annual cash flow totals $5,737/yr on $180,950 capital. ROI tracks 23.23% on current figures, and rental yield reads 9.16% at a $550,000 purchase. Equity gained on principal adds $3,549/yr, and 5% annual appreciation supports $151,955 over five years. Five-year ROI reaches 121.4% and total cumulative return in cash sums $219,670. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,198/mo property income instead of your personal income.
Single Family
Built in 2023
3,080 sqft lot
$N/A/sqft
$70 monthly 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 |
|---|---|---|
| 2024-12-19 | Listed for sale | $550,000 |
| 2023-06-22 | Listing removed | N/A |
| 2023-06-05 | Price change | $3,500 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2023
- Architectural Style: N/A
- Building Area: 2,232
- Living Area: 1,902 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central
- Cooling: Central Air
- Flooring: Tile
- Interior Features: Pantry, Walk-In Closet(s), Other
- Exterior Features: N/A
- Parking Features: Limited # Of Vehicle
Location
HOA & Fees
- HOA Fee: $70 monthly
- Association Fee: $70 monthly
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Municipal Water
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Gisela Hazan • EXP Realty LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11712352
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.