Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Homestead at 24401 SW 214th Pl, Homestead, FL, 33031 generates $13,200/mo in rent and, after a $4,870/mo payment, leaves $6,328/mo in cash flow. Total monthly income is $13,200/mo, and annual cash flow is $75,931/yr on $327,355 invested. Return on cash invested sits at 43.26% in year one, and rental yield is 15.92% on a $995,000 entry. Equity gained on principal adds $6,421/yr, while 5% annual appreciation builds toward $274,900 over five years. Five-year ROI reaches 228.95% and total cumulative return in cash sums $749,478. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $13,200/mo property income rather than buyer’s personal income.
Single Family
Built in 1991
1.25 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33031, Homestead, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,345 (100%) |
| Owner Occupied HU | 1,870 (79.7%) |
| Renter Occupied HU | 358 (15.3%) |
| Vacant Housing Units | 117 ( 5.0%) |
| Median Home Value | $646,261 |
| Average Home Value | $735,991 |
Residential
2,290
Single Family
2,290
Multi-Family
0
Businesses
145
Date | Event | Price |
|---|---|---|
| 2024-08-20 | Price change | $995,000 |
| 2024-08-12 | Price change | $1,025,000 |
| 2024-07-09 | Listed for sale | $1,100,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-31 | $12087.15 | 169.22% | $676,678 | 147.05% |
| 2022-08-31 | $4489.73 | 0.65% | $273,900 | 3.00% |
| 2021-08-31 | $4460.66 | 1.15% | $265,923 | 1.40% |
Listed by: Nancy O'Brien • The Keyes Company
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11620795
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.
