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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 Hialeah at 1315 W 83rd St, Hialeah, FL, 33014 generates $4,159/mo in rent, after a $3,421/mo payment. Total monthly income is $4,159/mo. Return on cash invested sits at 17.02% in year one, and rental yield is 7.14% on a $699,000 entry. Equity gained on principal adds $4,511/yr, while 5% annual appreciation builds toward $193,121 over five years. Five-year ROI reaches 88.14% and total cumulative return in cash sums $202,694. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,159/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
8,143 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33014, Hialeah, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,454 (100%) |
| Owner Occupied HU | 6,918 (42.0%) |
| Renter Occupied HU | 8,748 (53.2%) |
| Vacant Housing Units | 788 ( 4.8%) |
| Median Home Value | $513,421 |
| Average Home Value | $573,531 |
Residential
16,190
Single Family
9,197
Multi-Family
6,993
Businesses
2,055
Date | Event | Price |
|---|---|---|
| 2024-11-20 | Price change | $699,000 |
| 2024-10-25 | Listed for sale | $720,000 |
| 2023-01-18 | Sold | $510,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-23 | $7450.01 | 721.69% | $396,928 | 162.12% |
| 2022-12-23 | $906.67 | -2.29% | $151,429 | 3.00% |
| 2021-12-23 | $927.89 | 0.56% | $147,019 | 1.40% |
Listed by: Rosa Rocha • Miami New Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11682620
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.
