28640 SW 146th AveHomesteadFL33033
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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
Rental property for sale in Homestead at 28640 SW 146th Ave, Homestead, FL, 33033 generates $4,576/mo in rent and, after a $2,932/mo payment, leaves $601/mo in cash flow. Total monthly income is $4,576/mo, and annual cash flow is $7,209/yr on $197,071 invested. Return on cash invested sits at 23.72% in year one, and rental yield is 9.17% on a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 123.82% and total cumulative return in cash sums $244,018. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,576/mo property income rather than buyer’s personal income.
Single Family
Built in 1968
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33033, Homestead, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,526 (100%) |
| Owner Occupied HU | 12,717 (56.5%) |
| Renter Occupied HU | 9,219 (40.9%) |
| Vacant Housing Units | 590 ( 2.6%) |
| Median Home Value | $455,816 |
| Average Home Value | $499,751 |
Housing Distribution
Address Breakdown
Residential
21,729
Single Family
19,094
Multi-Family
2,635
Businesses
594
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