Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 1305 W 53rd St APT 421, Hialeah, FL, 33012 uses $82,544 cash to close to unlock $8,381/yr annual cash flow and $698/mo monthly cash flow. Total monthly income runs $2,716/mo, and a $1,219/mo payment keeps the spread at $698/mo. Purchase price stands at $249,000, and rental yield measures 13.09% with $2,716/mo rent. Return on cash invested shows 30.06% in year one, and 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 159.82% and total cumulative return in cash records $131,924. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,716/mo property income covering a $1,219/mo payment rather than investor’s personal income.
Condo
Built in 1971
N/A lot
$N/A/sqft
$350 monthly HOA
Neighborhood data shown for ZIP Code: 33012, Hialeah, FL area.
| 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 |
Residential
24,377
Single Family
12,249
Multi-Family
12,128
Businesses
2,591
Date | Event | Price |
|---|---|---|
| 2024-07-18 | Price change | $249,000 |
| 2024-06-18 | Price change | $252,000 |
| 2024-05-16 | Listed for sale | $260,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $2396.44 | 16.31% | $96,299 | 10.00% |
| 2022-08-30 | $2060.32 | 6.79% | $87,545 | 10.00% |
| 2021-08-30 | $1929.38 | 3.98% | $79,587 | 10.00% |
Listed by: Jeimy Capote • Universal USA Realty LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11585441
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.
