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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 18316 NW 68th Ave APT I, Hialeah, FL, 33015 listed at $240,000 pairs $2,112/mo rent with a $1,175/mo payment to leave $32/mo cash flow. Total monthly income runs $2,112/mo, and annual cash flow reaches $384/yr on $79,560 cash to close. Return on cash invested measures 20.39% in year one, and rental yield registers 10.56% at a $240,000 basis. Equity gained on principal adds $1,549/yr, and annual property appreciation at 5% supports $66,308 by year five. Five-year ROI tracks 108.68% and total cumulative return in cash totals $86,462. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,112/mo property income relative to a $1,175/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1989
N/A lot
$N/A/sqft
$449 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 |
|---|---|---|
| 2024-08-23 | Listing removed | N/A |
| 2024-08-07 | Listed for sale | $240,000 |
| 2024-07-18 | Listed for rent | $2,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-25 | $2591.37 | 21.87% | $151,950 | 26.50% |
| 2022-12-25 | $2126.38 | 10.60% | $120,120 | 10.00% |
| 2021-12-25 | $1922.54 | 3.70% | $109,200 | 4.00% |
Listed by: Michelle Suegart PA • Douglas Elliman
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11636077
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.
