1305 W 53rd St APT 406HialeahFL33012
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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 1305 W 53rd St APT 406, Hialeah, FL, 33012 listed at $259,800 pairs $2,510/mo rent with a $1,272/mo payment to leave $786/mo cash flow. Total monthly income runs $2,510/mo, and annual cash flow reaches $9,426/yr on $86,124 cash to close. Return on cash invested measures 30.85% in year one, and rental yield registers 11.59% at a $259,800 basis. Equity gained on principal adds $1,676/yr, and annual property appreciation at 5% supports $71,778 by year five. Five-year ROI tracks 162.15% and total cumulative return in cash totals $139,647. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,510/mo property income relative to a $1,272/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33012, Hialeah, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,567 (100%) |
| Owner Occupied HU | 12,167 (49.5%) |
| Renter Occupied HU | 11,978 (48.8%) |
| Vacant Housing Units | 422 ( 1.7%) |
| Median Home Value | $431,789 |
| Average Home Value | $455,001 |
Housing Distribution
Address Breakdown
Residential
24,377
Single Family
12,249
Multi-Family
12,128
Businesses
2,591
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