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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 Homestead at 32201 SW 202nd Pl, Homestead, FL, 33030 uses $254,975 cash to close to unlock $46,443/yr annual cash flow and $3,870/mo monthly cash flow. Total monthly income runs $9,013/mo, and a $3,793/mo payment keeps the spread at $3,870/mo. Purchase price stands at $774,999, and rental yield measures 13.96% with $9,013/mo rent. Return on cash invested shows 38.27% in year one, and 5% annual appreciation builds toward $214,118 over five years. Five-year ROI reaches 201.9% and total cumulative return in cash records $514,782. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $9,013/mo property income covering a $3,793/mo payment rather than investor’s personal income.
Single Family
Built in 2006
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33030, Homestead, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,161 (100%) |
| Owner Occupied HU | 5,058 (45.3%) |
| Renter Occupied HU | 5,633 (50.5%) |
| Vacant Housing Units | 470 ( 4.2%) |
| Median Home Value | $470,008 |
| Average Home Value | $549,886 |
Residential
11,286
Single Family
8,728
Multi-Family
2,558
Businesses
1,145
Date | Event | Price |
|---|---|---|
| 2024-08-21 | Listed for sale | $774,999 |
| 2024-04-15 | Sold | $725,000 |
| 2024-03-15 | Pending sale | $725,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-31 | $3945.28 | 4.27% | $239,445 | 3.00% |
| 2022-08-31 | $3783.63 | 0.83% | $232,471 | 3.00% |
| 2021-08-31 | $3752.53 | 1.16% | $225,700 | 1.40% |
Listed by: Michelle Abbott • EXP Realty LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11644996
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.
