4281 NE 16th StHomesteadFL33033
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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
Rental property for sale in Homestead at 4281 NE 16th St, Homestead, FL, 33033 generates $3,462/mo in rent and, after a $2,276/mo payment, leaves $376/mo in cash flow. Total monthly income is $3,462/mo, and annual cash flow is $4,513/yr on $154,148 invested. Return on cash invested sits at 22.84% in year one, and rental yield is 8.93% on a $465,000 entry. Equity gained on principal adds $3,001/yr, while 5% annual appreciation builds toward $128,471 over five years. Five-year ROI reaches 119.15% and total cumulative return in cash sums $183,671. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,462/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
6,000 sqft lot
$N/A/sqft
No 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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