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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 2208 W 74th St APT 102-21, Hialeah, FL, 33016 generates $2,825/mo in rent and, after a $1,615/mo payment, leaves $395/mo in cash flow. Total monthly income is $2,825/mo, and annual cash flow is $4,743/yr on $109,395 invested. Return on cash invested sits at 24.24% in year one, and rental yield is 10.27% on a $330,000 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation builds toward $91,173 over five years. Five-year ROI reaches 127.66% and total cumulative return in cash sums $139,655. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,825/mo property income rather than buyer’s personal income.
Condo
Built in 1992
N/A lot
$N/A/sqft
$240 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 |
|---|---|---|
| 2025-01-12 | Price change | $330,000 |
| 2024-12-28 | Listed for sale | $335,000 |
| 2001-05-23 | Sold | $78,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $591.41 | 2.67% | $68,236 | 3.00% |
| 2022-02-13 | $576.05 | -1.06% | $66,249 | 3.00% |
| 2021-02-13 | $582.23 | 0.57% | $64,320 | 1.40% |
Listed by: Sudi Hernandez • REALTY HUB
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8332508
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511
