1335 W 68th St APT 207, Hialeah, FL, 33014 | $896/mo Cash Flow

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1335 W 68th St APT 207, Hialeah, FL, 33014 | $896/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Hialeah at 1335 W 68th St APT 207, Hialeah, FL, 33014 uses $106,078 cash to close to unlock $10,748/yr annual cash flow and $896/mo monthly cash flow. Total monthly income runs $3,019/mo, and a $1,566/mo payment keeps the spread at $896/mo. Purchase price stands at $319,995, and rental yield measures 11.32% with $3,019/mo rent. Return on cash invested shows 30.04% in year one, and 5% annual appreciation builds toward $88,409 over five years. Five-year ROI reaches 157.76% and total cumulative return in cash records $167,353. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,019/mo property income covering a $1,566/mo payment rather than investor’s personal income.

Condo

Built in 1973

N/A lot

$N/A/sqft

No HOA

More details about the property

Beautiful corner unit at Kings Cove Condo with stunning lake views! Located in the heart of Hialeah, this spacious condo offers a bright and airy living space with plenty of natural light. Overlooking the tranquil lake from your private corner unit. Kings Cove is a well-maintained community known for its convenient location near shopping, dining, parks, and easy access to major highways. Residents benefit from a serene, secure environment with well-kept grounds and community amenities. Importantly, Kings Cove recently passed the 40-year recertification inspection, ensuring the building meets all current safety and structural standardsproviding peace of mind to homeowners and investors alike. Owner financing is available, making this an excellent opportunity to own a move-in-ready condo.

Neighborhood Data

Neighborhood data shown for ZIP Code: 33014, Hialeah, FL area.

Housing Distribution

Housing Statistics

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