2361 SE 1st CtHomesteadFL33033
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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
Rental property for sale in Homestead at 2361 SE 1st Ct, Homestead, FL, 33033 priced at $850,000 pairs $7,466/mo rent with $1,355/mo cash flow after a $4,160/mo payment. Total monthly income equals $7,466/mo, and annual cash flow comes to $16,261/yr on $279,650 invested. Return on cash invested is 25.88% in year one, and rental yield stands at 10.54% on a $850,000 basis. Equity gained on principal adds $5,485/yr, and 5% annual appreciation accumulates to $234,839 by year five. Five-year ROI measures 136.13% and total cumulative return in cash reaches $380,698. For financing, Ziffy Mortgage’s DSCR program evaluates $7,466/mo property income against a $4,160/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2019
8,334 sqft lot
$N/A/sqft
$258 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33033, Homestead, FL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
21,729
Single Family
19,094
Multi-Family
2,635
Businesses
594
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Listed by: Ada Suarez Gonzalez • ASLO Real Estate
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11625693
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.