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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% |
Investment property for sale in Hialeah at 2740 W 62nd Pl APT 202, Hialeah, FL, 33016 listed at $299,900 pairs $2,102/mo rent with a $1,468/mo payment to leave $112/mo cash flow. Total monthly income runs $2,102/mo, and annual cash flow reaches $1,340/yr on $99,417 cash to close. Return on cash invested measures 21.26% in year one, and rental yield registers 8.41% at a $299,900 basis. Equity gained on principal adds $1,935/yr, and annual property appreciation at 5% supports $82,857 by year five. Five-year ROI tracks 110.68% and total cumulative return in cash totals $110,032. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,102/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33016, Hialeah, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,550 (100%) |
| Owner Occupied HU | 8,444 (54.3%) |
| Renter Occupied HU | 6,887 (44.3%) |
| Vacant Housing Units | 219 ( 1.4%) |
| Median Home Value | $404,651 |
| Average Home Value | $550,053 |
Residential
15,579
Single Family
12,599
Multi-Family
2,980
Businesses
3,566
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Antonio Alarcon • Avanti Way Realty LLC
Mls Name: MIAMI
Mls ID: #A11841640
