








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Hialeah at 1590 W 46th St APT 233, Hialeah, FL, 33012 uses $86,190 cash to close to unlock $2,253/yr annual cash flow and $188/mo monthly cash flow. Total monthly income runs $2,480/mo, and a $1,273/mo payment keeps the spread at $188/mo. Purchase price stands at $260,000, and rental yield measures 11.45% with $2,480/mo rent. Return on cash invested shows 22.52% in year one, and 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 120.33% and total cumulative return in cash records $103,709. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,480/mo property income covering a $1,273/mo payment rather than investor’s personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
$470 monthly HOA
Neighborhood data shown for ZIP Code: 33012, Hialeah, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,567 (100%) |
| Owner Occupied HU | 12,167 (49.5%) |
| Renter Occupied HU | 11,978 (48.8%) |
| Vacant Housing Units | 422 ( 1.7%) |
| Median Home Value | $431,789 |
| Average Home Value | $455,001 |
Residential
24,377
Single Family
12,249
Multi-Family
12,128
Businesses
2,591
Date | Event | Price |
|---|---|---|
| 2025-06-29 | Listed for sale | $260,000 |
| 2024-12-24 | Listing removed | $2,500 |
| 2024-11-02 | Listing removed | $265,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-30 | $3471.01 | 165.10% | $185,976 | 67.80% |
| 2023-06-30 | $1309.31 | 5.14% | $110,835 | 3.00% |
| 2022-06-30 | $1245.34 | 1.65% | $107,607 | 3.00% |



Listed by: Daine Jorge Martinez • Re4lty Inc.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11830884
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.