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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% |
Rental property for sale in Homestead at 131 NE 18th St, Homestead, FL, 33030 generates $3,606/mo in rent and, after a $1,845/mo payment, leaves $1,104/mo in cash flow. Total monthly income is $3,606/mo, and annual cash flow is $13,253/yr on $124,976 invested. Return on cash invested sits at 30.51% in year one, and rental yield is 11.48% on a $377,000 entry. Equity gained on principal adds $2,433/yr, while 5% annual appreciation builds toward $104,158 over five years. Five-year ROI reaches 160.31% and total cumulative return in cash sums $200,347. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,606/mo property income rather than buyer’s personal income.
Single Family
Built in 1973
6,800 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33030, Homestead, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,161 (100%) |
| Owner Occupied HU | 5,058 (45.3%) |
| Renter Occupied HU | 5,633 (50.5%) |
| Vacant Housing Units | 470 ( 4.2%) |
| Median Home Value | $470,008 |
| Average Home Value | $549,886 |
Residential
11,286
Single Family
8,728
Multi-Family
2,558
Businesses
1,145
Date | Event | Price |
|---|---|---|
| 2025-09-22 | Sold | $377,000 |
| 2025-08-18 | Pending sale | $410,000 |
| 2025-07-22 | Price change | $410,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-20 | $1936.41 | 4.03% | $103,560 | 3.00% |
| 2023-10-20 | $1861.40 | 11.18% | $100,544 | 3.00% |
| 2022-10-20 | $1674.23 | 1.24% | $97,616 | 3.00% |
Listed by: Judith Leon • Coldwell Banker Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11819588
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.
