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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 18830 NW 57th Ave APT 201, Hialeah, FL, 33015 offers a 11.15% rental yield on a $299,000 purchase with $2,778/mo rent. Total monthly income registers $2,778/mo, and a $1,463/mo payment leaves $279/mo available for distribution. Annual cash flow reaches $3,348/yr on $99,119 to close, and return on cash invested stands at 23.29% in year one. Equity gained on principal adds $1,929/yr while 5% annual appreciation supports $82,608 over five years. Portfolio math shows five-year ROI at 123.85% and total cumulative return in cash at $122,758. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,778/mo property income against a $1,463/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1994
N/A lot
$N/A/sqft
$510 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 |
|---|---|---|
| 2025-01-04 | Price change | $2,300 |
| 2024-12-16 | Listed for rent | $2,350 |
| 2024-11-25 | Price change | $299,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $2725.00 | 10.21% | $147,031 | 10.00% |
| 2022-02-13 | $2472.61 | 7.09% | $133,665 | 10.00% |
| 2021-02-13 | $2308.87 | 6.59% | $121,514 | 10.00% |
Listed by: Michelle Reyes • Jason Mitchell Real Estate Flo
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11585885
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.
