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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% |
Investment property for sale in Hialeah at 2261 W 53rd St APT 13, Hialeah, FL, 33016 listed at $260,000 pairs $1,779/mo rent with a $1,273/mo payment. Total monthly income runs $1,779/mo. Return on cash invested measures 17.15% in year one, and rental yield registers 8.21% at a $260,000 basis. Equity gained on principal adds $1,678/yr, and annual property appreciation at 5% supports $71,833 by year five. Five-year ROI tracks 89.96% and total cumulative return in cash totals $77,537. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,779/mo property income relative to a $1,273/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1983
N/A lot
$N/A/sqft
$251 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 |
|---|---|---|
| 2025-08-04 | Listed for sale | $260,000 |
| 2024-10-03 | Listing removed | $2,200 |
| 2024-09-24 | Listed for rent | $2,200 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-04 | $474.06 | 2.51% | $51,128 | 3.00% |
| 2023-08-04 | $462.47 | 6.29% | $49,639 | 3.00% |
| 2022-08-04 | $435.09 | 3.59% | $48,194 | 3.00% |
Listed by: Lazara Roque • RE/MAX Advance Realty II
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11850878
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.
