1604 SW 7th StHomesteadFL33030
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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 1604 SW 7th St, Homestead, FL, 33030 with 5% annual appreciation on a $495,000 basis while $4,502/mo rent supports operations. Total monthly income totals $4,502/mo and a $2,423/mo payment preserves $1,110/mo for cash returns. Annual cash flow comes to $13,315/yr on $164,093 deployed, and return on cash invested reaches 28.02% in year one. Equity gained on principal adds $3,194/yr, and five-year appreciation sums $136,759 alongside rental yield of 10.91%. Five-year ROI measures 147.23% and total cumulative return in cash totals $241,594.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,502/mo property income versus a $2,423/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1978
9,450 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33030, Homestead, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,161 (100%) |
| Owner Occupied HU | 5,058 (45.3%) |
| Renter Occupied HU | 5,633 (50.5%) |
| Vacant Housing Units | 470 ( 4.2%) |
| Median Home Value | $470,008 |
| Average Home Value | $549,886 |
Housing Distribution
Address Breakdown
Residential
11,286
Single Family
8,728
Multi-Family
2,558
Businesses
1,145
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Listed by: Ricky Miller • Battlefield Invst. Group LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11623755
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.