23531 SW 107th PlHomesteadFL33032
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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 23531 SW 107th Pl, Homestead, FL, 33032 listed at $610,000 pairs $3,720/mo rent with a $2,986/mo payment. Total monthly income runs $3,720/mo. Return on cash invested measures 17.1% in year one, and rental yield registers 7.32% at a $610,000 basis. Equity gained on principal adds $3,936/yr, and annual property appreciation at 5% supports $168,532 by year five. Five-year ROI tracks 88.72% and total cumulative return in cash totals $178,051. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,720/mo property income relative to a $2,986/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2019
5,169 sqft lot
$N/A/sqft
$166 monthly 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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Listed by: Sandra Metrakos • Smith Commercial Real Estate Group, LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11641569
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.