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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 2775 W 61st Pl APT 207, Hialeah, FL, 33016 uses $87,848 cash to close to unlock $1,554/yr annual cash flow and $129/mo monthly cash flow. Total monthly income runs $1,888/mo, and a $1,297/mo payment keeps the spread at $129/mo. Purchase price stands at $265,000, and rental yield measures 8.55% with $1,888/mo rent. Return on cash invested shows 21.68% in year one, and 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 112.93% and total cumulative return in cash records $99,207. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,888/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Condo
Built in 1987
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: Miguel Echarte • Echarte-Morini Realty, Inc.
Mls Name: MIAMI
Mls ID: #A11892224
