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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 26402 SW 149th Ct, Homestead, FL, 33032 generates $8,000/mo in rent and, after a $3,744/mo payment, leaves $2,924/mo in cash flow. Total monthly income is $8,000/mo, and annual cash flow is $35,083/yr on $251,685 invested. Return on cash invested sits at 34% in year one, and rental yield is 12.55% on a $765,000 entry. Equity gained on principal adds $4,936/yr, while 5% annual appreciation builds toward $211,355 over five years. Five-year ROI reaches 178.96% and total cumulative return in cash sums $450,419. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $8,000/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33032, Homestead, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,338 (100%) |
| Owner Occupied HU | 13,054 (58.4%) |
| Renter Occupied HU | 7,756 (34.7%) |
| Vacant Housing Units | 1,528 ( 6.8%) |
| Median Home Value | $469,560 |
| Average Home Value | $516,494 |
Residential
21,886
Single Family
18,575
Multi-Family
3,311
Businesses
604
Date | Event | Price |
|---|---|---|
| 2024-08-09 | Listed for sale | $765,000 |
| 2023-06-14 | Sold | $660,000 |
| 2023-06-12 | Pending sale | $660,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-31 | $6030.27 | 1.40% | $358,549 | 3.00% |
| 2022-08-31 | $5947.26 | 0.48% | $348,106 | 3.00% |
| 2021-08-31 | $5919.08 | 7.84% | $337,967 | 33.00% |
Listed by: Yanira Diaz Rubio • Phantom Real Estate
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11638240
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.
