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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% |
Investment property for sale in Hialeah at 1245 W 24th St APT 217, Hialeah, FL, 33010 uses $82,842 cash to close to unlock $12,694/yr annual cash flow and $1,058/mo monthly cash flow. Total monthly income runs $3,000/mo, and a $1,223/mo payment keeps the spread at $1,058/mo. Purchase price stands at $249,900, and rental yield measures 14.41% with $3,000/mo rent. Return on cash invested shows 35.23% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 187.1% and total cumulative return in cash records $154,994. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,000/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Condo
Built in 1971
N/A lot
$N/A/sqft
$250 monthly HOA
Neighborhood data shown for ZIP Code: 33010, Hialeah, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,072 (100%) |
| Owner Occupied HU | 4,997 (29.3%) |
| Renter Occupied HU | 11,563 (67.7%) |
| Vacant Housing Units | 512 ( 3.0%) |
| Median Home Value | $452,106 |
| Average Home Value | $477,479 |
Residential
15,583
Single Family
8,723
Multi-Family
6,860
Businesses
2,033
Date | Event | Price |
|---|---|---|
| 2024-08-12 | Listed for sale | $249,900 |
| 2024-08-04 | Listing removed | N/A |
| 2024-07-01 | Price change | $249,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-05 | $2632.56 | 13.65% | $135,520 | 10.00% |
| 2022-09-05 | $2316.30 | 7.30% | $123,200 | 10.00% |
| 2021-09-05 | $2158.73 | 5.78% | $112,000 | 6.06% |
Listed by: Zuleyka Candelaria Roman • Candelaria Investments Group, LLC.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11548754
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.
