2635 SE 28th StHomesteadFL33035
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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 2635 SE 28th St, Homestead, FL, 33035 generates $3,060/mo in rent and, after a $1,779/mo payment, leaves $336/mo in cash flow. Total monthly income is $3,060/mo, and annual cash flow is $4,031/yr on $120,500 invested. Return on cash invested sits at 23.25% in year one, and rental yield is 10.1% on a $363,500 entry. Equity gained on principal adds $2,346/yr, while 5% annual appreciation builds toward $100,428 over five years. Five-year ROI reaches 122.48% and total cumulative return in cash sums $147,592. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,060/mo property income rather than buyer’s personal income.
Townhouse
Built in 2024
N/A lot
$N/A/sqft
$312 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33035, Homestead, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,268 (100%) |
| Owner Occupied HU | 3,713 (51.1%) |
| Renter Occupied HU | 3,102 (42.7%) |
| Vacant Housing Units | 453 ( 6.2%) |
| Median Home Value | $441,016 |
| Average Home Value | $516,471 |
Housing Distribution
Address Breakdown
Residential
6,779
Single Family
4,525
Multi-Family
2,254
Businesses
34
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Listed by: Rene Santa Maria • Lennar Realty Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11836523
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.