1338 NW 2nd LnFlorida 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 1338 NW 2nd Ln, Florida City, FL, 33034 at $569,900 posts ROI 22.71% with $413/mo cash flow from $4,230/mo rent. Total monthly income equals $4,230/mo, and annual cash flow records $4,961/yr on $187,497 to close. Return on cash invested measures 22.71% and rental yield reads 8.91% at the current $569,900. Equity gained on principal adds $3,677/yr, and 5% annual appreciation supports $157,453 by year five. Five-year ROI prints 118.49% and total cumulative return in cash totals $222,162.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,230/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
N/A lot
$N/A/sqft
$35 monthly HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2024-07-11 | Listed for sale | $569,900 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2024
- Architectural Style: N/A
- Building Area: N/A
- Living Area: N/A
- Property Condition: New Construction
Features & Amenities
- Heating: Central, Electric
- Cooling: Central Air, Electric
- Flooring: Ceramic Tile, Vinyl
- Interior Features: Kitchen Island, Entrance Foyer, Other, Walk-In Closet(s), Separate Guest/In-Law Quarters
- Exterior Features: Lighting, Open Balcony, Other, Tennis Court(s)
- Parking Features: Driveway, Electric Vehicle Charging Station(s), Paver Block
Location
- City: Florida City
- State: FL
- Subdivision: On Alba
- Lot Size: N/A
- Lot Features: Less Than 1/4 Acre Lot
- View: Garden, Other
HOA & Fees
- HOA Fee: $35 monthly
- Association Fee: $35 monthly
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Municipal Water
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Alicia Ale • ONX Homes Florida Realty, LLC.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11622163
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.