15615 SW 280th St #1HomesteadFL33031
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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 15615 SW 280th St #1, Homestead, FL, 33031 generates $3,394/mo in rent and, after a $1,735/mo payment, leaves $1,042/mo in cash flow. Total monthly income is $3,394/mo, and annual cash flow is $12,501/yr on $117,484 invested. Return on cash invested sits at 30.55% in year one, and rental yield is 11.49% on a $354,400 entry. Equity gained on principal adds $2,287/yr, while 5% annual appreciation builds toward $97,914 over five years. Five-year ROI reaches 160.5% and total cumulative return in cash sums $188,559. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,394/mo property income rather than buyer’s personal income.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33031, Homestead, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,345 (100%) |
| Owner Occupied HU | 1,870 (79.7%) |
| Renter Occupied HU | 358 (15.3%) |
| Vacant Housing Units | 117 ( 5.0%) |
| Median Home Value | $646,261 |
| Average Home Value | $735,991 |
Housing Distribution
Address Breakdown
Residential
2,290
Single Family
2,290
Multi-Family
0
Businesses
145
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