20013 NW 62nd PlHialeahFL33015
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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 20013 NW 62nd Pl, Hialeah, FL, 33015 offers a 8.29% rental yield on a $645,000 purchase with $4,456/mo rent. Total monthly income registers $4,456/mo, and a $3,157/mo payment leaves $176/mo available for distribution. Annual cash flow reaches $2,107/yr on $212,205 to close, and return on cash invested stands at 21.05% in year one. Equity gained on principal adds $4,162/yr while 5% annual appreciation supports $178,202 over five years. Portfolio math shows five-year ROI at 109.53% and total cumulative return in cash at $232,432. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,456/mo property income against a $3,157/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
7,800 sqft lot
$N/A/sqft
No 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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