2178 W 60th St APT 18112HialeahFL33016
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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
Rental property for sale in Hialeah at 2178 W 60th St APT 18112, Hialeah, FL, 33016 generates $1,779/mo in rent and, after a $998/mo payment, leaves $9/mo in cash flow. Total monthly income is $1,779/mo, and annual cash flow is $113/yr on $67,626 invested. Return on cash invested sits at 20.08% in year one, and rental yield is 10.46% on a $204,000 entry. Equity gained on principal adds $1,316/yr, while 5% annual appreciation builds toward $56,361 over five years. Five-year ROI reaches 107.02% and total cumulative return in cash sums $72,376. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,779/mo property income rather than buyer’s personal income.
Condo
Built in 1985
N/A lot
$N/A/sqft
$367 monthly 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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Listed by: Maylene Gonzalez • LPT Realty, LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11854775
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.