160 NE 31st AveHomesteadFL33033
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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 160 NE 31st Ave, Homestead, FL, 33033 listed at $621,400 pairs $4,283/mo rent with a $3,041/mo payment. Total monthly income runs $4,283/mo. Return on cash invested measures 18.03% in year one, and rental yield registers 8.27% at a $621,400 basis. Equity gained on principal adds $4,010/yr, and annual property appreciation at 5% supports $171,681 by year five. Five-year ROI tracks 94.42% and total cumulative return in cash totals $193,030. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,283/mo property income relative to a $3,041/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2006
5,000 sqft lot
$N/A/sqft
$79 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33033, Homestead, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,526 (100%) |
| Owner Occupied HU | 12,717 (56.5%) |
| Renter Occupied HU | 9,219 (40.9%) |
| Vacant Housing Units | 590 ( 2.6%) |
| Median Home Value | $455,816 |
| Average Home Value | $499,751 |
Housing Distribution
Address Breakdown
Residential
21,729
Single Family
19,094
Multi-Family
2,635
Businesses
594
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