3398 NE 9th Dr UNIT 104HomesteadFL33033
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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 3398 NE 9th Dr UNIT 104, Homestead, FL, 33033 earns $72/mo cash flow from $2,582/mo rent with a $1,414/mo payment. Total monthly income totals $2,582/mo, and annual cash flow totals $859/yr on $95,737 capital. ROI tracks 20.81% on current figures, and rental yield reads 10.73% at a $288,800 purchase. Equity gained on principal adds $1,864/yr, and 5% annual appreciation supports $79,790 over five years. Five-year ROI reaches 110.95% and total cumulative return in cash sums $106,224. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,582/mo property income instead of your personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
$365 monthly 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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Listed by: Nadine Dayan PA • RKC Realty LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11706758
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.