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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 2170 W 60th St APT 16118, Hialeah, FL, 33016 generates $2,184/mo in rent and, after a $1,150/mo payment, leaves $229/mo in cash flow. Total monthly income is $2,184/mo, and annual cash flow is $2,747/yr on $77,903 invested. Return on cash invested sits at 23.44% in year one, and rental yield is 11.15% on a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 124.53% and total cumulative return in cash sums $97,012. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,184/mo property income rather than buyer’s personal income.
Condo
Built in 1985
N/A lot
$N/A/sqft
$367 monthly HOA
Neighborhood data shown for ZIP Code: 33016, Hialeah, FL area.
| 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 |
Residential
15,579
Single Family
12,599
Multi-Family
2,980
Businesses
3,566
Date | Event | Price |
|---|---|---|
| 2025-01-15 | Listed for sale | $235,000 |
| 2020-03-12 | Listing removed | $1,400 |
| 2020-02-24 | Listed for rent | $1,400 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $2435.93 | 12.92% | $126,500 | 10.00% |
| 2022-02-13 | $2157.22 | 6.59% | $115,000 | 9.52% |
| 2021-02-13 | $2023.81 | 3.38% | $105,000 | 3.65% |
Listed by: Thais Hernandez • Real Estate Craft, LLC.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11720937
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.
