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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 2728 NE 3rd Ct UNIT 101, Homestead, FL, 33033 generates $3,821/mo in rent and, after a $1,346/mo payment, leaves $1,446/mo in cash flow. Total monthly income is $3,821/mo, and annual cash flow is $17,350/yr on $91,163 invested. Return on cash invested sits at 38.94% in year one, and rental yield is 16.67% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 208.11% and total cumulative return in cash sums $189,719. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,821/mo property income rather than buyer’s personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
$211 monthly 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 |
|---|---|---|
| 2024-08-25 | Listed for rent | $2,700 |
| 2024-08-07 | Listed for sale | $275,000 |
| 2024-03-01 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-31 | $6518.78 | 42.96% | $225,294 | 80.79% |
| 2022-08-31 | $4559.73 | 7.44% | $124,615 | 10.00% |
| 2021-08-31 | $4243.86 | 6.13% | $113,287 | 10.00% |
Listed by: Sara Bartman • 643 Realty Group LLC
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10455154
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
