13407 SW 287th TerHomesteadFL33033
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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 Homestead at 13407 SW 287th Ter, Homestead, FL, 33033 uses $124,313 cash to close to unlock $4,600/yr annual cash flow and $383/mo monthly cash flow. Total monthly income runs $3,308/mo, and a $1,835/mo payment keeps the spread at $383/mo. Purchase price stands at $375,000, and rental yield measures 10.59% with $3,308/mo rent. Return on cash invested shows 23.61% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 124.83% and total cumulative return in cash records $155,175. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,308/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Townhouse
Built in 2022
1,916 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33033, Homestead, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,526 (100%) |
| Owner Occupied HU | 12,717 (56.5%) |
| Renter Occupied HU | 9,219 (40.9%) |
| Vacant Housing Units | 590 ( 2.6%) |
| Median Home Value | $455,816 |
| Average Home Value | $499,751 |
Housing Distribution
Address Breakdown
Residential
21,729
Single Family
19,094
Multi-Family
2,635
Businesses
594
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