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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Hialeah Gardens at 140 Royal Palm Rd APT 314-4, Hialeah Gardens, FL, 33016 generates $2,101/mo in rent and, after a $1,072/mo payment, leaves $244/mo in cash flow. Total monthly income is $2,101/mo, and annual cash flow is $2,925/yr on $72,599 invested. Return on cash invested sits at 23.94% in year one, and rental yield is 11.51% on a $219,000 entry. Equity gained on principal adds $1,413/yr, while 5% annual appreciation builds toward $60,506 over five years. Five-year ROI reaches 127.47% and total cumulative return in cash sums $92,541. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,101/mo property income rather than buyer’s personal income.
Condo
Built in 1968
N/A lot
$N/A/sqft
$350 monthly HOA
Neighborhood data shown for ZIP Code: 33016, Hialeah, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,550 (100%) |
| Owner Occupied HU | 8,444 (54.3%) |
| Renter Occupied HU | 6,887 (44.3%) |
| Vacant Housing Units | 219 ( 1.4%) |
| Median Home Value | $404,651 |
| Average Home Value | $550,053 |
Residential
15,579
Single Family
12,599
Multi-Family
2,980
Businesses
3,566
Date | Event | Price |
|---|---|---|
| 2025-05-21 | Listed for sale | $219,000 |
| 2024-07-29 | Listing removed | N/A |
| 2024-05-29 | Listed for sale | $225,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-21 | $2594.23 | 11.70% | $125,813 | 10.00% |
| 2023-05-21 | $2322.56 | 1026.14% | $114,376 | 220.72% |
| 2022-05-21 | $206.24 | 8.48% | $35,662 | 3.00% |
Listed by: Iliana Hernandez • Urban Investments Realty LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11807151
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.
