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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% |
Rental property for sale in Hialeah at 18111 NW 68th Ave APT G102, Hialeah, FL, 33015 generates $2,880/mo in rent and, after a $1,444/mo payment, leaves $193/mo in cash flow. Total monthly income is $2,880/mo, and annual cash flow is $2,311/yr on $97,793 invested. Return on cash invested sits at 22.27% in year one, and rental yield is 11.72% on a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 119.36% and total cumulative return in cash sums $116,726. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,880/mo property income rather than buyer’s personal income.
Condo
Built in 1970
N/A lot
$N/A/sqft
$709 monthly HOA
Neighborhood data shown for ZIP Code: 33015, Hialeah, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,467 (100%) |
| Owner Occupied HU | 11,771 (52.4%) |
| Renter Occupied HU | 10,165 (45.2%) |
| Vacant Housing Units | 531 ( 2.4%) |
| Median Home Value | $462,766 |
| Average Home Value | $519,424 |
Residential
21,873
Single Family
16,119
Multi-Family
5,754
Businesses
1,037
Date | Event | Price |
|---|---|---|
| 2024-04-05 | Listed for sale | $295,000 |
| 2021-11-01 | Sold | $200,000 |
| 2018-09-21 | Sold | $162,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-14 | $2874.50 | 3.05% | $209,862 | 3.00% |
| 2023-05-14 | $2789.54 | 4.43% | $203,750 | 30.00% |
| 2022-05-14 | $2671.16 | 0.68% | $156,728 | 4.00% |
Listed by: Annie Perez Albuerne • The Valenzuela Real Estate Group
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11564388
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.
