2233 SE 24th Pl #2233HomesteadFL33035
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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 2233 SE 24th Pl #2233, Homestead, FL, 33035 listed at $340,800 pairs $3,412/mo rent with a $1,668/mo payment to leave $149/mo cash flow. Total monthly income runs $3,412/mo, and annual cash flow reaches $1,788/yr on $112,975 cash to close. Return on cash invested measures 21.49% in year one, and rental yield registers 12.01% at a $340,800 basis. Equity gained on principal adds $2,199/yr, and annual property appreciation at 5% supports $94,157 by year five. Five-year ROI tracks 115.8% and total cumulative return in cash totals $130,829. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,412/mo property income relative to a $1,668/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2003
N/A lot
$N/A/sqft
$833 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33035, Homestead, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,268 (100%) |
| Owner Occupied HU | 3,713 (51.1%) |
| Renter Occupied HU | 3,102 (42.7%) |
| Vacant Housing Units | 453 ( 6.2%) |
| Median Home Value | $441,016 |
| Average Home Value | $516,471 |
Housing Distribution
Address Breakdown
Residential
6,779
Single Family
4,525
Multi-Family
2,254
Businesses
34
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