18728 SW 349th StHomesteadFL33034
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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
Investment Highlights
Investment property for sale in Homestead at 18728 SW 349th St, Homestead, FL, 33034 uses $44,753 cash to close to unlock $1,654/yr annual cash flow and $138/mo monthly cash flow. Total monthly income runs $1,034/mo, and a $661/mo payment keeps the spread at $138/mo. Purchase price stands at $135,000, and rental yield measures 9.19% with $1,034/mo rent. Return on cash invested shows 23.61% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 123.27% and total cumulative return in cash records $55,165. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,034/mo property income covering a $661/mo payment rather than investor’s personal income.
Manufactured
Built in 1993
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33034, Homestead, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,884 (100%) |
| Owner Occupied HU | 4,205 (47.3%) |
| Renter Occupied HU | 4,271 (48.1%) |
| Vacant Housing Units | 408 ( 4.6%) |
| Median Home Value | $325,349 |
| Average Home Value | $418,352 |
Housing Distribution
Address Breakdown
Residential
8,092
Single Family
5,451
Multi-Family
2,641
Businesses
636
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