3703 NE 23rd CtHomesteadFL33033
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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 3703 NE 23rd Ct, Homestead, FL, 33033 earns $582/mo cash flow from $4,649/mo rent with a $2,599/mo payment. Total monthly income totals $4,649/mo, and annual cash flow totals $6,986/yr on $174,699 capital. ROI tracks 24.06% on current figures, and rental yield reads 10.51% at a $531,000 purchase. Equity gained on principal adds $3,426/yr, and 5% annual appreciation supports $146,706 over five years. Five-year ROI reaches 127.03% and total cumulative return in cash sums $221,913. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,649/mo property income instead of your personal income.
Single Family
Built in 2004
3,635 sqft lot
$N/A/sqft
$135 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: Melissa Miller • EXP Realty, LLC.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11661595
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.