2811 SE 17th Ave Unit 110HomesteadFL33035
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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 2811 SE 17th Ave Unit 110, Homestead, FL, 33035 uses $86,157 cash to close to unlock $8,452/yr annual cash flow and $704/mo monthly cash flow. Total monthly income runs $2,429/mo, and a $1,272/mo payment keeps the spread at $704/mo. Purchase price stands at $259,900, and rental yield measures 11.22% with $2,429/mo rent. Return on cash invested shows 29.72% in year one, and 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 156.06% and total cumulative return in cash records $134,458. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,429/mo property income covering a $1,272/mo payment rather than investor’s personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
No 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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