230 W 60th StHialeahFL33012
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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 230 W 60th St, Hialeah, FL, 33012 uses $195,755 cash to close to unlock $27,813/yr annual cash flow and $2,318/mo monthly cash flow. Total monthly income runs $6,266/mo, and a $2,912/mo payment keeps the spread at $2,318/mo. Purchase price stands at $595,000, and rental yield measures 12.64% with $6,266/mo rent. Return on cash invested shows 34.27% in year one, and 5% annual appreciation builds toward $164,388 over five years. Five-year ROI reaches 180.39% and total cumulative return in cash records $353,126. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,266/mo property income covering a $2,912/mo payment rather than investor’s personal income.
Single Family
Built in 1953
7,210 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33012, Hialeah, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,567 (100%) |
| Owner Occupied HU | 12,167 (49.5%) |
| Renter Occupied HU | 11,978 (48.8%) |
| Vacant Housing Units | 422 ( 1.7%) |
| Median Home Value | $431,789 |
| Average Home Value | $455,001 |
Housing Distribution
Address Breakdown
Residential
24,377
Single Family
12,249
Multi-Family
12,128
Businesses
2,591
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Listed by: Edelvis Negron • Quick 1 Realty Corp.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11645107
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.