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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 24545 SW 192nd Ave, Homestead, FL, 33031 generates $4,975/mo in rent, after a $7,342/mo payment. Total monthly income is $4,975/mo. Return on cash invested sits at 7.57% in year one, and rental yield is 3.98% on a $1,500,000 entry. Equity gained on principal adds $9,679/yr, while 5% annual appreciation builds toward $414,422 over five years. Five-year ROI reaches 37.37% and total cumulative return in cash sums $181,595. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,975/mo property income rather than buyer’s personal income.
Single Family
Built in 1990
2.37 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 |
|---|---|---|
| 2025-10-05 | Listing removed | $9,000 |
| 2025-10-04 | Listed for rent | $9,000 |
| 2025-08-15 | Price change | $1,500,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-19 | $15790.98 | 252.22% | $890,568 | 228.64% |
| 2023-11-19 | $4483.26 | 4.06% | $270,990 | 2.94% |
| 2022-11-19 | $4308.36 | 0.62% | $263,259 | 2.93% |
Listed by: Cinthia Rai • The Keyes Company
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11916494
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.
