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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Homestead at 16375 SW 256th St, Homestead, FL, 33031 projects strong ROI of 10.18%. Rental yield 4.66%. With 5% annual appreciation, the property builds $939,081 in value over five years. Equity growth combined delivers a projected five-year ROI of 51.15%, translating into $563,256 in total cumulative return on $1,101,276 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1984
4.86 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33031, Homestead, FL area.
| 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 |
Residential
2,290
Single Family
2,290
Multi-Family
0
Businesses
145
Date | Event | Price |
|---|---|---|
| 2024-08-07 | Listed for sale | $3,399,000 |
| 2023-07-02 | Listing removed | N/A |
| 2023-01-03 | Listed for sale | $6,900,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-25 | $5074.41 | 12.50% | $299,406 | 10.26% |
| 2022-12-25 | $4510.44 | -1.34% | $271,536 | 0.27% |
| 2021-12-25 | $4571.80 | 5.01% | $270,794 | 5.08% |
Listed by: Lesli Burkhead • The Keyes Company
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11635708
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.
