220 NE 12th Ave LOT 219HomesteadFL33030
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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 Homestead at 220 NE 12th Ave LOT 219, Homestead, FL, 33030 earns $62/mo cash flow from $1,787/mo rent with a $1,272/mo payment. Total monthly income totals $1,787/mo, and annual cash flow totals $748/yr on $86,157 capital. ROI tracks 20.78% on current figures, and rental yield reads 8.25% at a $259,900 purchase. Equity gained on principal adds $1,677/yr, and 5% annual appreciation supports $71,806 over five years. Five-year ROI reaches 108.12% and total cumulative return in cash sums $93,154. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,787/mo property income instead of your personal income.
Manufactured
Built in 2002
4,595 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33030, Homestead, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,161 (100%) |
| Owner Occupied HU | 5,058 (45.3%) |
| Renter Occupied HU | 5,633 (50.5%) |
| Vacant Housing Units | 470 ( 4.2%) |
| Median Home Value | $470,008 |
| Average Home Value | $549,886 |
Housing Distribution
Address Breakdown
Residential
11,286
Single Family
8,728
Multi-Family
2,558
Businesses
1,145
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