12908 SW 233rd TerHomesteadFL33032
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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 12908 SW 233rd Ter, Homestead, FL, 33032 listed at $455,000 pairs $3,210/mo rent with a $2,227/mo payment to leave $191/mo cash flow. Total monthly income runs $3,210/mo, and annual cash flow reaches $2,286/yr on $150,833 cash to close. Return on cash invested measures 21.42% in year one, and rental yield registers 8.47% at a $455,000 basis. Equity gained on principal adds $2,936/yr, and annual property appreciation at 5% supports $125,708 by year five. Five-year ROI tracks 111.57% and total cumulative return in cash totals $168,280. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,210/mo property income relative to a $2,227/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2022
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33032, Homestead, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,338 (100%) |
| Owner Occupied HU | 13,054 (58.4%) |
| Renter Occupied HU | 7,756 (34.7%) |
| Vacant Housing Units | 1,528 ( 6.8%) |
| Median Home Value | $469,560 |
| Average Home Value | $516,494 |
Housing Distribution
Address Breakdown
Residential
21,886
Single Family
18,575
Multi-Family
3,311
Businesses
604
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