2659 SE 24th DrHomesteadFL33035
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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 2659 SE 24th Dr, Homestead, FL, 33035 generates $4,740/mo in rent and, after a $2,787/mo payment, leaves $961/mo in cash flow. Total monthly income is $4,740/mo, and annual cash flow is $11,533/yr on $187,370 invested. Return on cash invested sits at 26.22% in year one, and rental yield is 9.99% on a $569,515 entry. Equity gained on principal adds $3,675/yr, while 5% annual appreciation builds toward $157,346 over five years. Five-year ROI reaches 137.24% and total cumulative return in cash sums $257,141. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,740/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No 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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