18206 Mediterranean Boulevard #4-21HialeahFL33015
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Hialeah at 18206 Mediterranean Boulevard #4-21, Hialeah, FL, 33015 uses $89,472 cash to close to unlock $10,211/yr annual cash flow and $851/mo monthly cash flow. Total monthly income runs $2,642/mo, and a $1,321/mo payment keeps the spread at $851/mo. Purchase price stands at $269,900, and rental yield measures 11.75% with $2,642/mo rent. Return on cash invested shows 31.32% in year one, and 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 164.61% and total cumulative return in cash records $147,282. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,642/mo property income covering a $1,321/mo payment rather than investor’s personal income.
Townhouse
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33015, Hialeah, FL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
21,873
Single Family
16,119
Multi-Family
5,754
Businesses
1,037
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices