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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% |
Investment property for sale in Hialeah at 5491 W 24th Ave APT 49, Hialeah, FL, 33016 uses $97,793 cash to close to unlock $16,246/yr annual cash flow and $1,354/mo monthly cash flow. Total monthly income runs $3,521/mo, and a $1,444/mo payment keeps the spread at $1,354/mo. Purchase price stands at $295,000, and rental yield measures 14.32% with $3,521/mo rent. Return on cash invested shows 36.52% in year one, and 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 193.44% and total cumulative return in cash records $189,170. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,521/mo property income covering a $1,444/mo payment rather than investor’s personal income.
Condo
Built in 2008
N/A lot
$N/A/sqft
$160 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 |
|---|---|---|
| 2024-05-20 | Price change | $295,000 |
| 2024-04-15 | Listed for sale | $310,000 |
| 2017-08-25 | Sold | $160,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $3218.87 | 17.95% | $159,720 | 10.00% |
| 2022-08-30 | $2729.00 | 7.26% | $145,200 | 10.00% |
| 2021-08-30 | $2544.23 | -0.27% | $132,000 | N/A |
Listed by: Amanda Martin • Vibe PV LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11567091
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.
