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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Opa Locka at 1240 Sesame St, Opa Locka, FL, 33054 offers $4,920/mo rent that, after a $5,629/mo payment. Total monthly income is $4,920/mo. Return on cash invested measures 11.64% in year one, and rental yield stands at 5.13% at a $1,150,000 entry. Equity gained on principal adds $7,421/yr while 5% annual appreciation compounds into $317,724 by year five. Five-year ROI records 58.99% and total cumulative return in cash reaches $219,789. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,920/mo property income versus a $5,629/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1926
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33054, Opa Locka, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,525 (100%) |
| Owner Occupied HU | 4,805 (45.7%) |
| Renter Occupied HU | 5,222 (49.6%) |
| Vacant Housing Units | 498 ( 4.7%) |
| Median Home Value | $378,458 |
| Average Home Value | $446,261 |
Residential
9,832
Single Family
8,196
Multi-Family
1,636
Businesses
2,072
Date | Event | Price |
|---|---|---|
| 2025-01-02 | Listed for sale | $1,150,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Ronald Sadaka • Ronald N Sadaka R.E Broker
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11715881
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.
