








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Homestead at 231 NE 33rd Ter, Homestead, FL, 33033 generates $4,378/mo in rent and, after a $2,799/mo payment, leaves $583/mo in cash flow. Total monthly income is $4,378/mo, and annual cash flow is $6,995/yr on $188,155 invested. Return on cash invested sits at 23.78% in year one, and rental yield is 9.19% on a $571,900 entry. Equity gained on principal adds $3,690/yr, while 5% annual appreciation builds toward $158,005 over five years. Five-year ROI reaches 124.14% and total cumulative return in cash sums $233,577. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,378/mo property income rather than buyer’s personal income.
Single Family
Built in 2016
9,849 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33033, Homestead, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,526 (100%) |
| Owner Occupied HU | 12,717 (56.5%) |
| Renter Occupied HU | 9,219 (40.9%) |
| Vacant Housing Units | 590 ( 2.6%) |
| Median Home Value | $455,816 |
| Average Home Value | $499,751 |
Residential
21,729
Single Family
19,094
Multi-Family
2,635
Businesses
594
Date | Event | Price |
|---|---|---|
| 2025-05-07 | Listing removed | $579,900 |
| 2025-02-06 | Price change | $579,900 |
| 2024-12-13 | Listed for sale | $599,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-14 | $2557.93 | 0.95% | $312,525 | 3.00% |
| 2023-05-14 | $2533.93 | 7.55% | $303,423 | 3.00% |
| 2022-05-14 | $2355.97 | -0.13% | $294,586 | 3.00% |



Listed by: N/A • N/A
Mls Name: The Keyes Company/Realtors
Mls Provider:
Mls ID: #A11745146