2731 SE 17th Ave UNIT 209HomesteadFL33035
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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
Investment property for sale in Homestead at 2731 SE 17th Ave UNIT 209, Homestead, FL, 33035 offers a 9.21% rental yield on a $241,000 purchase with $1,850/mo rent. 51% in year one. Equity gained on principal adds $1,555/yr while 5% annual appreciation supports $66,584 over five years. Portfolio math shows five-year ROI at 87.81% and total cumulative return in cash at $70,156. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,850/mo property income against a $1,180/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2006
N/A lot
$N/A/sqft
$318 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: Luz Spriggs PA • Coldwell Banker Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11700231
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.