23745 SW 114th CtHomesteadFL33032
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 23745 SW 114th Ct, Homestead, FL, 33032 generates $3,547/mo in rent and, after a $2,251/mo payment, leaves $495/mo in cash flow. Total monthly income is $3,547/mo, and annual cash flow is $5,940/yr on $152,457 invested. Return on cash invested sits at 23.81% in year one, and rental yield is 9.26% on a $459,900 entry. Equity gained on principal adds $2,968/yr, while 5% annual appreciation builds toward $127,062 over five years. Five-year ROI reaches 124.35% and total cumulative return in cash sums $189,582. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,547/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
2,543 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices