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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 1890 W 56th St APT 1111, Hialeah, FL, 33012 offers a 12.51% rental yield on a $305,000 purchase with $3,180/mo rent. Total monthly income registers $3,180/mo, and a $1,493/mo payment leaves $732/mo available for distribution. Annual cash flow reaches $8,785/yr on $101,108 to close, and return on cash invested stands at 28.6% in year one. Equity gained on principal adds $1,968/yr while 5% annual appreciation supports $84,266 over five years. Portfolio math shows five-year ROI at 151.88% and total cumulative return in cash at $153,562. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,180/mo property income against a $1,493/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1973
N/A lot
$N/A/sqft
$365 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 |
|---|---|---|
| 2024-08-24 | Listed for sale | $305,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $3418.21 | 17.56% | $170,500 | 10.00% |
| 2022-08-30 | $2907.55 | 6.56% | $155,000 | 9.68% |
| 2021-08-30 | $2728.65 | 6.05% | $141,322 | 10.00% |
Listed by: Jesus Mendoza • JM & Associates Realty Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11647176
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.
