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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% |
Rental property for sale in Hialeah at 460 E 23rd St APT 419, Hialeah, FL, 33013 generates $1,860/mo in rent and, after a $1,003/mo payment, leaves $239/mo in cash flow. Total monthly income is $1,860/mo, and annual cash flow is $2,866/yr on $67,958 invested. Return on cash invested sits at 24.13% in year one, and rental yield is 10.89% on a $205,000 entry. Equity gained on principal adds $1,323/yr, while 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 127.69% and total cumulative return in cash sums $86,778. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,860/mo property income rather than buyer’s personal income.
Condo
Built in 1978
N/A lot
$N/A/sqft
$209 monthly HOA
Neighborhood data shown for ZIP Code: 33013, Hialeah, FL area.
| 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 |
Residential
8,894
Single Family
7,541
Multi-Family
1,353
Businesses
1,049
Date | Event | Price |
|---|---|---|
| 2024-08-12 | Listed for sale | $205,000 |
| 2024-08-04 | Listing removed | N/A |
| 2024-07-15 | Price change | $205,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $2449.59 | 16.01% | $117,612 | 10.00% |
| 2022-08-30 | $2111.61 | 12.71% | $106,920 | 10.00% |
| 2021-08-30 | $1873.47 | 7.71% | $97,200 | 8.00% |
Listed by: Zuleyka Candelaria Roman • Candelaria Investments Group, LLC.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11548587
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.
