2214 W 74th St APT 202-27HialeahFL33016
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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 2214 W 74th St APT 202-27, Hialeah, FL, 33016 earns $529/mo cash flow from $2,747/mo rent with a $1,459/mo payment. Total monthly income totals $2,747/mo, and annual cash flow totals $6,348/yr on $98,787 capital. ROI tracks 26.33% on current figures, and rental yield reads 11.06% at a $298,000 purchase. Equity gained on principal adds $1,923/yr, and 5% annual appreciation supports $82,332 over five years. Five-year ROI reaches 138.94% and total cumulative return in cash sums $137,252. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,747/mo property income instead of your personal income.
Condo
Built in 1992
N/A lot
$N/A/sqft
$240 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: Constantino Usaga • Florida Realty Brokers & Assoc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11716612
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.