1335 W 68th St APT 207HialeahFL33014
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1335 W 68th St APT 207, Hialeah, FL, 33014 in Hialeah speaks for itself: 11.32% gross on a $319,995 price, generating $3,019/mo in rent and $896/mo in net income after the $1,439/mo debt service. DSCR 2.10, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $10,748 stacks alongside $88,409 in projected five-year appreciation and $2,947/yr in principal reduction. Projected total cumulative return: $179,586.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.3% | 6.5% |
| Monthly Cash Flow | $896 | $300 |
City averages based on Hialeah market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,019 |
| Total Monthly Debt Service | $1,996 |
| DSCR Ratio | 1.51x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1973
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
16,190
Single Family
9,197
Multi-Family
6,993
Businesses
2,055
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1973
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
16,190
Single Family
9,197
Multi-Family
6,993
Businesses
2,055
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices