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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 2502 NE 1st St, Homestead, FL, 33033 generates $4,410/mo in rent and, after a $2,398/mo payment, leaves $1,159/mo in cash flow. Total monthly income is $4,410/mo, and annual cash flow is $13,905/yr on $162,402 invested. Return on cash invested sits at 28.47% in year one, and rental yield is 10.8% on a $489,900 entry. Equity gained on principal adds $3,161/yr, while 5% annual appreciation builds toward $135,350 over five years. Five-year ROI reaches 149.34% and total cumulative return in cash sums $242,525. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,410/mo property income rather than buyer’s personal income.
Single Family
Built in 2019
4,000 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33033, Homestead, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,526 (100%) |
| Owner Occupied HU | 12,717 (56.5%) |
| Renter Occupied HU | 9,219 (40.9%) |
| Vacant Housing Units | 590 ( 2.6%) |
| Median Home Value | $455,816 |
| Average Home Value | $499,751 |
Residential
21,729
Single Family
19,094
Multi-Family
2,635
Businesses
594
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Yuri Flores • The RE Society
Mls Name: MIAMI
Mls ID: #A11917130
