1359 SE 7th TerHomesteadFL33034
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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 1359 SE 7th Ter, Homestead, FL, 33034 with 5% annual appreciation on a $463,657 basis while $3,090/mo rent supports operations. Total monthly income totals $3,090/mo and a $2,269/mo payment preserves $13/mo for cash returns. Annual cash flow comes to $162/yr on $153,702 deployed, and return on cash invested reaches 20.01% in year one. Equity gained on principal adds $2,992/yr, and five-year appreciation sums $128,100 alongside rental yield of 8%. Five-year ROI measures 104% and total cumulative return in cash totals $159,850.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,090/mo property income versus a $2,269/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2024
N/A lot
$N/A/sqft
No 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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