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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 1850 W 56th St APT 2307, Hialeah, FL, 33012 uses $81,218 cash to close to unlock $1,707/yr annual cash flow and $142/mo monthly cash flow. Total monthly income runs $2,105/mo, and a $1,199/mo payment keeps the spread at $142/mo. Purchase price stands at $245,000, and rental yield measures 10.31% with $2,105/mo rent. Return on cash invested shows 22.01% in year one, and 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 116.56% and total cumulative return in cash records $94,668. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,105/mo property income covering a $1,199/mo payment rather than investor’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
$337 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 |
|---|---|---|
| 2024-12-23 | Listed for sale | $245,000 |
| 2024-11-24 | Listing removed | $245,000 |
| 2024-11-22 | Listed for sale | $245,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $448.29 | -13.72% | $60,883 | 3.00% |
| 2022-02-13 | $519.60 | -0.84% | $59,110 | 3.00% |
| 2021-02-13 | $524.01 | 0.67% | $57,389 | 1.40% |
Listed by: Diana Day • DM International Realty Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11698166
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.
