1885 W 56th St APT 209HialeahFL33012
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
Investment Highlights
Investment property for sale in Hialeah at 1885 W 56th St APT 209, Hialeah, FL, 33012 earns from $1,918/mo rent with a $1,123/mo payment. Total monthly income totals $1,918/mo. ROI tracks 19.38% on current figures, and rental yield reads 10.03% at a $229,500 purchase. Equity gained on principal adds $1,481/yr, and 5% annual appreciation supports $63,407 over five years. Five-year ROI reaches 103.08% and total cumulative return in cash sums $78,426. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,918/mo property income instead of your personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
$370 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33012, Hialeah, FL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
24,377
Single Family
12,249
Multi-Family
12,128
Businesses
2,591
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Yaimarys Bujosa • TDG Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11760541
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.