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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 Homestead at 20751 SW 248th St, Homestead, FL, 33031 listed at $950,000 pairs $6,895/mo rent with a $4,650/mo payment to leave $92/mo cash flow. Total monthly income runs $6,895/mo, and annual cash flow reaches $1,100/yr on $312,550 cash to close. Return on cash invested measures 20.41% in year one, and rental yield registers 8.71% at a $950,000 basis. Equity gained on principal adds $6,130/yr, and annual property appreciation at 5% supports $262,467 by year five. Five-year ROI tracks 106.79% and total cumulative return in cash totals $333,770. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,895/mo property income relative to a $4,650/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2017
1.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33031, Homestead, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,345 (100%) |
| Owner Occupied HU | 1,870 (79.7%) |
| Renter Occupied HU | 358 (15.3%) |
| Vacant Housing Units | 117 ( 5.0%) |
| Median Home Value | $646,261 |
| Average Home Value | $735,991 |
Residential
2,290
Single Family
2,290
Multi-Family
0
Businesses
145
Date | Event | Price |
|---|---|---|
| 2025-08-04 | Listed for sale | $950,000 |
| 2025-07-15 | Listing removed | $6,500 |
| 2025-07-08 | Listing removed | $999,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-04 | $14440.05 | 12.62% | $791,734 | 10.00% |
| 2023-08-04 | $12821.86 | 40.58% | $719,759 | 57.14% |
| 2022-08-04 | $9120.65 | 16.71% | $458,047 | 10.00% |
Listed by: Scott Lehr • Real Estate Sales Force
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11852349
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.
