514 NW 7th AveHomesteadFL33030
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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 514 NW 7th Ave, Homestead, FL, 33030 generates $2,989/mo in rent, after a $2,442/mo payment. Total monthly income is $2,989/mo. Return on cash invested sits at 17.57% in year one, and rental yield is 7.19% on a $498,900 entry. Equity gained on principal adds $3,219/yr, while 5% annual appreciation builds toward $137,837 over five years. Five-year ROI reaches 90.93% and total cumulative return in cash sums $150,382. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,989/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
7,102 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33030, Homestead, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,161 (100%) |
| Owner Occupied HU | 5,058 (45.3%) |
| Renter Occupied HU | 5,633 (50.5%) |
| Vacant Housing Units | 470 ( 4.2%) |
| Median Home Value | $470,008 |
| Average Home Value | $549,886 |
Housing Distribution
Address Breakdown
Residential
11,286
Single Family
8,728
Multi-Family
2,558
Businesses
1,145
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