1453 Martin CtHomesteadFL33035
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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
Rental property for sale in Homestead at 1453 Martin Ct, Homestead, FL, 33035 offers $3,197/mo rent that, after a $2,051/mo payment, leaves $325/mo cash flow. Total monthly income is $3,197/mo, and annual cash flow is $3,895/yr on $138,899 cash. Return on cash invested measures 22.71% in year one, and rental yield stands at 9.16% at a $419,000 entry. Equity gained on principal adds $2,704/yr while 5% annual appreciation compounds into $115,762 by year five. Five-year ROI records 118.77% and total cumulative return in cash reaches $164,969. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,197/mo property income versus a $2,051/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
3,738 sqft lot
$N/A/sqft
$275 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33035, Homestead, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,268 (100%) |
| Owner Occupied HU | 3,713 (51.1%) |
| Renter Occupied HU | 3,102 (42.7%) |
| Vacant Housing Units | 453 ( 6.2%) |
| Median Home Value | $441,016 |
| Average Home Value | $516,471 |
Housing Distribution
Address Breakdown
Residential
6,779
Single Family
4,525
Multi-Family
2,254
Businesses
34
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Listed by: Kevin Cornell • RE/MAX Advance Realty II
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11689610
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.