23512 SW 129th PathHomesteadFL33032
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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 23512 SW 129th Path, Homestead, FL, 33032 uses $164,391 cash to close to unlock $832/yr annual cash flow and $69/mo monthly cash flow. Total monthly income runs $3,360/mo, and a $2,427/mo payment keeps the spread at $69/mo. Purchase price stands at $495,900, and rental yield measures 8.13% with $3,360/mo rent. Return on cash invested shows 20.41% in year one, and 5% annual appreciation builds toward $137,008 over five years. Five-year ROI reaches 106.15% and total cumulative return in cash records $174,509. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,360/mo property income covering a $2,427/mo payment rather than investor’s personal income.
Townhouse
Built in 2022
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33032, Homestead, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,338 (100%) |
| Owner Occupied HU | 13,054 (58.4%) |
| Renter Occupied HU | 7,756 (34.7%) |
| Vacant Housing Units | 1,528 ( 6.8%) |
| Median Home Value | $469,560 |
| Average Home Value | $516,494 |
Housing Distribution
Address Breakdown
Residential
21,886
Single Family
18,575
Multi-Family
3,311
Businesses
604
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