375 NE 26th Ave UNIT 101HomesteadFL33033
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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 375 NE 26th Ave UNIT 101, Homestead, FL, 33033 uses $94,444 cash to close to unlock $6,061/yr annual cash flow and $505/mo monthly cash flow. Total monthly income runs $2,844/mo, and a $1,394/mo payment keeps the spread at $505/mo. Purchase price stands at $284,900, and rental yield measures 11.98% with $2,844/mo rent. Return on cash invested shows 26.33% in year one, and 5% annual appreciation builds toward $78,713 over five years. Five-year ROI reaches 139.97% and total cumulative return in cash records $132,191. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,844/mo property income covering a $1,394/mo payment rather than investor’s personal income.
Condo
Built in 2007
N/A lot
$N/A/sqft
$212 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: Orlando Gonzalez • Lifestyle International Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11683988
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.