533 NE 5th Pl #1HomesteadFL33034
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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 533 NE 5th Pl #1, Homestead, FL, 33034 listed at $356,500 pairs $3,425/mo rent with a $1,745/mo payment to leave $954/mo cash flow. Total monthly income runs $3,425/mo, and annual cash flow reaches $11,449/yr on $118,180 cash to close. Return on cash invested measures 29.6% in year one, and rental yield registers 11.53% at a $356,500 basis. Equity gained on principal adds $2,300/yr, and annual property appreciation at 5% supports $98,494 by year five. Five-year ROI tracks 155.8% and total cumulative return in cash totals $184,119. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,425/mo property income relative to a $1,745/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2020
N/A lot
$N/A/sqft
$105 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33034, Homestead, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,884 (100%) |
| Owner Occupied HU | 4,205 (47.3%) |
| Renter Occupied HU | 4,271 (48.1%) |
| Vacant Housing Units | 408 ( 4.6%) |
| Median Home Value | $325,349 |
| Average Home Value | $418,352 |
Housing Distribution
Address Breakdown
Residential
8,092
Single Family
5,451
Multi-Family
2,641
Businesses
636
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Listed by: Yuleydis Placeres • Royal Realty Services, Inc.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11690363
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.