18346 NW 68th Ave APT KHialeahFL33015
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow18346 NW 68th Ave APT K, Hialeah, FL, 33015 in Hialeah earns its strong cash-flow label: 12.55% yield, $2,603/mo rent, $535/mo net income, DSCR 2.33. The $248,800 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $68,739 by year five. Combined with $2,291/yr in principal paydown, total projected return reaches $131,115.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.6% | 6.5% |
| Monthly Cash Flow | $535 | $300 |
City averages based on Hialeah market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,603 |
| Total Monthly Debt Service | $1,969 |
| DSCR Ratio | 1.32x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1989
N/A lot
$N/A/sqft
$341 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
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
Condo
Built in 1989
N/A lot
$N/A/sqft
$341 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
Nearby investment properties with comparable prices