








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 5490 W 21st Ct APT 311, Hialeah, FL, 33016 uses $69,615 cash to close to unlock $11,607/yr annual cash flow and $967/mo monthly cash flow. Total monthly income runs $2,621/mo, and a $1,028/mo payment keeps the spread at $967/mo. Purchase price stands at $210,000, and rental yield measures 14.98% with $2,621/mo rent. Return on cash invested shows 36.58% in year one, and 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 194.53% and total cumulative return in cash records $135,424. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,621/mo property income covering a $1,028/mo payment rather than investor’s personal income.
Condo
Built in 1989
N/A lot
$N/A/sqft
$260 monthly HOA
Neighborhood data shown for ZIP Code: 33016, Hialeah, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,550 (100%) |
| Owner Occupied HU | 8,444 (54.3%) |
| Renter Occupied HU | 6,887 (44.3%) |
| Vacant Housing Units | 219 ( 1.4%) |
| Median Home Value | $404,651 |
| Average Home Value | $550,053 |
Residential
15,579
Single Family
12,599
Multi-Family
2,980
Businesses
3,566
Date | Event | Price |
|---|---|---|
| 2025-10-10 | Sold | $210,000 |
| 2025-09-02 | Pending sale | $220,000 |
| 2025-08-21 | Listed for sale | $220,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-20 | $529.04 | 1.55% | $59,455 | 3.00% |
| 2023-10-20 | $520.98 | 2.40% | $57,724 | 3.00% |
| 2022-10-20 | $508.78 | -0.78% | $56,043 | 3.00% |



Listed by: Elizabeth Cooper-Garcia • Coldwell Banker Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11862821
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.