12401 W Okeechobee Rd LOT 1HialeahFL33018
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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 Hialeah at 12401 W Okeechobee Rd LOT 1, Hialeah, FL, 33018 uses $48,068 cash to close to unlock $2,142/yr annual cash flow and $178/mo monthly cash flow. Total monthly income runs $1,141/mo, and a $710/mo payment keeps the spread at $178/mo. Purchase price stands at $145,000, and rental yield measures 9.44% with $1,141/mo rent. Return on cash invested shows 24.36% in year one, and 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 127.36% and total cumulative return in cash records $61,220. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,141/mo property income covering a $710/mo payment rather than investor’s personal income.
Manufactured
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33018, Hialeah, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,368 (100%) |
| Owner Occupied HU | 13,103 (67.7%) |
| Renter Occupied HU | 5,725 (29.6%) |
| Vacant Housing Units | 540 ( 2.8%) |
| Median Home Value | $488,748 |
| Average Home Value | $545,280 |
Housing Distribution
Address Breakdown
Residential
18,558
Single Family
17,197
Multi-Family
1,361
Businesses
1,602
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