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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% |
Rental property for sale in Hialeah at 1990 W 56th St APT 1411, Hialeah, FL, 33012 generates $4,465/mo in rent and, after a $1,640/mo payment, leaves $1,954/mo in cash flow. Total monthly income is $4,465/mo, and annual cash flow is $23,442/yr on $111,052 invested. Return on cash invested sits at 41.02% in year one, and rental yield is 15.99% on a $334,999 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 217.76% and total cumulative return in cash sums $241,832. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,465/mo property income rather than buyer’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
$288 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 |
|---|---|---|
| 2024-08-28 | Listed for sale | $334,999 |
| 2004-02-24 | Sold | $100,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $610.73 | 2.73% | $71,122 | 3.00% |
| 2022-08-30 | $594.51 | -1.13% | $69,051 | 3.00% |
| 2021-08-30 | $601.31 | 0.55% | $67,040 | 1.40% |
Listed by: Daimara Olano • D'Realty, Inc.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11649648
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.
