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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 Hialeah at 1815 W 56th St APT 315, Hialeah, FL, 33012 uses $62,985 cash to close to unlock $19,808/yr annual cash flow and $1,651/mo monthly cash flow. Total monthly income runs $3,163/mo, and a $930/mo payment keeps the spread at $1,651/mo. Purchase price stands at $190,000, and rental yield measures 19.98% with $3,163/mo rent. Return on cash invested shows 51.36% in year one, and 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 273.84% and total cumulative return in cash records $172,476. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,163/mo property income covering a $930/mo payment rather than investor’s personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
$240 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 |
|---|---|---|
| 2024-08-21 | Listed for sale | $190,000 |
| 2006-06-06 | Sold | $148,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $1827.09 | 14.99% | $78,111 | 10.00% |
| 2022-08-30 | $1588.94 | 7.97% | $71,010 | 10.00% |
| 2021-08-30 | $1471.68 | 4.95% | $64,555 | 10.00% |
Listed by: Maria Ocando • EXP Realty LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11644253
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.
