24326 SW 114th Path, Homestead, FL, 33032 | 6.15% Rental Yield

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24326 SW 114th Path, Homestead, FL, 33032 | 6.15% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Homestead at 24326 SW 114th Path, Homestead, FL, 33032 listed at $635,000 pairs $3,254/mo rent with a $3,108/mo payment. Total monthly income runs $3,254/mo. Return on cash invested measures 14.55% in year one, and rental yield registers 6.15% at a $635,000 basis. Equity gained on principal adds $4,098/yr, and annual property appreciation at 5% supports $175,439 by year five. Five-year ROI tracks 74.66% and total cumulative return in cash totals $155,984. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,254/mo property income relative to a $3,108/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2006

5,247 sqft lot

$N/A/sqft

No HOA

More details about the property

Beautiful 4-bedroom, 3-bathroom two-story home with a spacious layout, private backyard, and 2-car garage in a highly desirable community filled with amenities. Residents enjoy access to resort-style pools, spa, fully equipped fitness center, splash pad for kids, playground, basketball court, covered terrace, party room with kitchen, and outdoor BBQ gazebo. Located near top-rated schools, popular restaurants, the Falls Shopping Center, and major roads including US-1 and the Florida Turnpike.

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