18860 NW 57th Ave APT 307HialeahFL33015
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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 Hialeah at 18860 NW 57th Ave APT 307, Hialeah, FL, 33015 uses $92,455 cash to close to unlock $21,140/yr annual cash flow and $1,762/mo monthly cash flow. Total monthly income runs $4,168/mo, and a $1,365/mo payment keeps the spread at $1,762/mo. Purchase price stands at $278,900, and rental yield measures 17.93% with $4,168/mo rent. Return on cash invested shows 42.77% in year one, and 5% annual appreciation builds toward $77,055 over five years. Five-year ROI reaches 228.67% and total cumulative return in cash records $211,415. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,168/mo property income covering a $1,365/mo payment rather than investor’s personal income.
Condo
Built in 1994
N/A lot
$N/A/sqft
$510 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
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Listed by: Lina Lucic • Beachfront Realty Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11619725
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.