2306 SE 23rd Rd #2306HomesteadFL33035
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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 2306 SE 23rd Rd #2306, Homestead, FL, 33035 earns $665/mo cash flow from $2,650/mo rent with a $1,464/mo payment. Total monthly income totals $2,650/mo, and annual cash flow totals $7,979/yr on $99,185 capital. ROI tracks 27.95% on current figures, and rental yield reads 10.63% at a $299,200 purchase. Equity gained on principal adds $1,931/yr, and 5% annual appreciation supports $82,663 over five years. Five-year ROI reaches 146.56% and total cumulative return in cash sums $145,369. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,650/mo property income instead of your personal income.
Townhouse
Built in 2004
N/A lot
$N/A/sqft
No 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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