3420 E Palm CtHialeahFL33013
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Hialeah rental at 3420 E Palm Ct, Hialeah, FL, 33013 sits in the solid-income band: 9.53% gross yield, $4,727/mo rent, $778/mo net after the $2,675/mo debt service, DSCR 1.77. Entry price of $595,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $164,388 and $5,480/yr in principal reduction bring total cumulative return to $276,898.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 6.5% |
| Monthly Cash Flow | $778 | $300 |
City averages based on Hialeah market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,727 |
| Total Monthly Debt Service | $3,712 |
| DSCR Ratio | 1.27x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1954
6,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33013, Hialeah, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,808 (100%) |
| Owner Occupied HU | 5,765 (58.8%) |
| Renter Occupied HU | 3,713 (37.9%) |
| Vacant Housing Units | 330 ( 3.4%) |
| Median Home Value | $470,628 |
| Average Home Value | $511,142 |
Housing Distribution
Address Breakdown
Residential
8,894
Single Family
7,541
Multi-Family
1,353
Businesses
1,049
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1954
6,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33013, Hialeah, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,808 (100%) |
| Owner Occupied HU | 5,765 (58.8%) |
| Renter Occupied HU | 3,713 (37.9%) |
| Vacant Housing Units | 330 ( 3.4%) |
| Median Home Value | $470,628 |
| Average Home Value | $511,142 |
Housing Distribution
Address Breakdown
Residential
8,894
Single Family
7,541
Multi-Family
1,353
Businesses
1,049
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Hector Malpartida • First Service Realty ERA
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11687206
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.