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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 62nd St APT 207, Hialeah, FL, 33016 listed at $300,000 pairs $2,825/mo rent with a $1,468/mo payment to leave $551/mo cash flow. Total monthly income runs $2,825/mo, and annual cash flow reaches $6,615/yr on $99,450 cash to close. Return on cash invested measures 26.56% in year one, and rental yield registers 11.3% at a $300,000 basis. Equity gained on principal adds $1,936/yr, and annual property appreciation at 5% supports $82,884 by year five. Five-year ROI tracks 140.37% and total cumulative return in cash totals $139,596. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,825/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
$215 monthly 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 |
|---|---|---|
| 2025-06-28 | Listed for sale | $300,000 |
| 2020-11-23 | Sold | $170,000 |
| 2020-07-25 | Price change | $178,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-28 | $3489.42 | 17.13% | $163,955 | 10.00% |
| 2023-06-28 | $2979.09 | 17.21% | $149,050 | 10.00% |
| 2022-06-28 | $2541.77 | 4.25% | $135,500 | 7.11% |
Listed by: Enrique Niebla • Conde Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11829691
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.
