2150 W 60th St APT 11104HialeahFL33016
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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 2150 W 60th St APT 11104, Hialeah, FL, 33016 uses $91,163 cash to close to unlock $9,804/yr annual cash flow and $817/mo monthly cash flow. Total monthly income runs $2,642/mo, and a $1,346/mo payment keeps the spread at $817/mo. Purchase price stands at $275,000, and rental yield measures 11.53% with $2,642/mo rent. Return on cash invested shows 30.66% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 161.14% and total cumulative return in cash records $146,903. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,642/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Condo
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33016, Hialeah, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,550 (100%) |
| Owner Occupied HU | 8,444 (54.3%) |
| Renter Occupied HU | 6,887 (44.3%) |
| Vacant Housing Units | 219 ( 1.4%) |
| Median Home Value | $404,651 |
| Average Home Value | $550,053 |
Housing Distribution
Address Breakdown
Residential
15,579
Single Family
12,599
Multi-Family
2,980
Businesses
3,566
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