1334 NW 2nd TerFlorida CityFL33034
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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 Florida City at 1334 NW 2nd Ter, Florida City, FL, 33034 offers a 8.86% rental yield on a $572,900 purchase with $4,230/mo rent. Total monthly income registers $4,230/mo, and a $2,804/mo payment leaves $393/mo available for distribution. Annual cash flow reaches $4,718/yr on $188,484 to close, and return on cash invested stands at 22.56% in year one. Equity gained on principal adds $3,697/yr while 5% annual appreciation supports $158,282 over five years. Portfolio math shows five-year ROI at 117.73% and total cumulative return in cash at $221,903. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,230/mo property income against a $2,804/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
$35 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33034, Homestead, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,884 (100%) |
| Owner Occupied HU | 4,205 (47.3%) |
| Renter Occupied HU | 4,271 (48.1%) |
| Vacant Housing Units | 408 ( 4.6%) |
| Median Home Value | $325,349 |
| Average Home Value | $418,352 |
Housing Distribution
Address Breakdown
Residential
8,092
Single Family
5,451
Multi-Family
2,641
Businesses
636
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Listed by: Alicia Ale • ONX Homes Florida Realty, LLC.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11597742
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.