2479 SE 24th DrHomesteadFL33034
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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
Rental property for sale in Homestead at 2479 SE 24th Dr, Homestead, FL, 33034 generates $6,749/mo in rent and, after a $3,204/mo payment, leaves $2,053/mo in cash flow. Total monthly income is $6,749/mo, and annual cash flow is $24,637/yr on $215,335 invested. Return on cash invested sits at 31.5% in year one, and rental yield is 12.37% on a $654,515 entry. Equity gained on principal adds $4,223/yr, while 5% annual appreciation builds toward $180,830 over five years. Five-year ROI reaches 166.3% and total cumulative return in cash sums $358,095. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,749/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
4,000 sqft lot
$N/A/sqft
$352 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33034, Homestead, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,884 (100%) |
| Owner Occupied HU | 4,205 (47.3%) |
| Renter Occupied HU | 4,271 (48.1%) |
| Vacant Housing Units | 408 ( 4.6%) |
| Median Home Value | $325,349 |
| Average Home Value | $418,352 |
Housing Distribution
Address Breakdown
Residential
8,092
Single Family
5,451
Multi-Family
2,641
Businesses
636
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Listed by: Rene Santa Maria • Lennar Realty Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11557067
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.