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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 Hialeah at 3800 Palm Ave APT 221, Hialeah, FL, 33012 earns $1,149/mo cash flow from $3,041/mo rent with a $1,248/mo payment. Total monthly income totals $3,041/mo, and annual cash flow totals $13,786/yr on $84,533 capital. ROI tracks 36.22% on current figures, and rental yield reads 14.31% at a $255,000 purchase. Equity gained on principal adds $1,645/yr, and 5% annual appreciation supports $70,452 over five years. Five-year ROI reaches 191.92% and total cumulative return in cash sums $162,236. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,041/mo property income instead of your personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
$200 monthly HOA
Neighborhood data shown for ZIP Code: 33012, Hialeah, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,567 (100%) |
| Owner Occupied HU | 12,167 (49.5%) |
| Renter Occupied HU | 11,978 (48.8%) |
| Vacant Housing Units | 422 ( 1.7%) |
| Median Home Value | $431,789 |
| Average Home Value | $455,001 |
Residential
24,377
Single Family
12,249
Multi-Family
12,128
Businesses
2,591
Date | Event | Price |
|---|---|---|
| 2024-08-27 | Price change | $255,000 |
| 2024-07-12 | Listed for sale | $260,000 |
| 2004-02-02 | Sold | $80,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $1175.20 | 3.15% | $46,845 | 3.00% |
| 2022-08-30 | $1139.29 | 1.33% | $45,481 | 3.00% |
| 2021-08-30 | $1124.32 | 0.97% | $44,157 | 1.40% |
Listed by: Jacqueline Reyes Kasai • RE/MAX Excellence
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11003607
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
