2648 SE 20th Ct #203-DHomesteadFL33035
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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
Total monthly income runs $1,830/mo, and a $1,023/mo payment. Purchase price stands at $209,000, and rental yield measures 10.51% with $1,830/mo rent. Return on cash invested shows 12.75% in year one, and 5% annual appreciation builds toward $57,743 over five years. Five-year ROI reaches 70.43% and total cumulative return in cash records $48,794. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,830/mo property income covering a $1,023/mo payment rather than investor’s personal income.
Condo
Built in 1989
N/A lot
$N/A/sqft
$774 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: Benoit Pous Bertran De Balanda • Black Tulip Real Estate, LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11677104
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