18250 Mediterranean Blvd #8-15/15-8HialeahFL33015
INVESTMENT ANALYSIS
Investment Verdict
Solid Income18250 Mediterranean Blvd #8-15/15-8, Hialeah, FL, 33015 in Hialeah carries a 1.68 coverage ratio, rent of $2,195/mo is 1.68 times the $1,304/mo payment. Rental yield 9.58%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $275,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $75,977; total projected cumulative return: $85,087.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.5% |
| Monthly Cash Flow | $(270) | $300 |
City averages based on Hialeah market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,195 |
| Total Monthly Debt Service | $2,423 |
| DSCR Ratio | 0.91x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1987
N/A lot
$N/A/sqft
$640 monthly 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
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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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Patricia Pappaterra • Brokers, LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11707643
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.
