240 NW 19th StHomesteadFL33030
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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 240 NW 19th St, Homestead, FL, 33030 listed at $599,999 pairs $5,704/mo rent with a $2,937/mo payment to leave $1,722/mo cash flow. Total monthly income runs $5,704/mo, and annual cash flow reaches $20,664/yr on $197,400 cash to close. Return on cash invested measures 30.53% in year one, and rental yield registers 11.41% at a $599,999 basis. Equity gained on principal adds $3,872/yr, and annual property appreciation at 5% supports $165,769 by year five. Five-year ROI tracks 160.33% and total cumulative return in cash totals $316,499. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,704/mo property income relative to a $2,937/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1969
0.25 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 33030, Homestead, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,161 (100%) |
| Owner Occupied HU | 5,058 (45.3%) |
| Renter Occupied HU | 5,633 (50.5%) |
| Vacant Housing Units | 470 ( 4.2%) |
| Median Home Value | $470,008 |
| Average Home Value | $549,886 |
Housing Distribution
Address Breakdown
Residential
11,286
Single Family
8,728
Multi-Family
2,558
Businesses
1,145
Price History
Date | Event | Price |
|---|---|---|
| 2025-05-31 | Price change | $599,999 |
| 2025-04-07 | Listed for sale | $609,000 |
| 2001-01-04 | Sold | $130,800 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-04 | $2463.53 | 3.60% | $128,666 | 3.00% |
| 2023-06-04 | $2377.97 | 9.11% | $124,919 | 3.00% |
| 2022-06-04 | $2179.51 | 0.55% | $121,281 | 2.68% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1969
- Architectural Style: Other Bldg Style
- Building Area: N/A
- Living Area: 1,737 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central
- Cooling: Central Air, Ceiling Fans(s)
- Flooring: Tile
- Interior Features: Granite Counters, Walk-In Closet(s), Other Specialty Room
- Exterior Features: Storage, Rain Gutters
- Parking Features: Garage
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: None
Utilities
- Utilities: N/A
- Sewer: Municipal Sewer, Public Sewer
- Water Source: N/A
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Tony Garcia • The Keyes Company
Mls Name: FLKMLS
Mls Provider:
Mls ID: #615315
Disclaimer: MLS Internet Data Exchange (IDX) information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Florida Keys Board of Realtors.