5860 E 5th AveHialeahFL33013
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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 Hialeah at 5860 E 5th Ave, Hialeah, FL, 33013 priced at $690,000 converts $7,216/mo rent into $2,637/mo cash flow after a $3,377/mo obligation. Total monthly income equals $7,216/mo, and annual cash flow totals $31,647/yr on $227,010 invested. Return on cash invested prints 34% in year one, and rental yield reads 12.55% against a $690,000 entry. Equity gained on principal adds $4,452/yr, while 5% annual appreciation compiles into $190,634 by year five. Five-year ROI reaches 178.99% and total cumulative return in cash sums $406,316. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,216/mo property income covering a $3,377/mo payment, not borrower’s personal income.
Single Family
Built in 1955
7,747 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33013, Hialeah, FL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
8,894
Single Family
7,541
Multi-Family
1,353
Businesses
1,049
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Listed by: Vivian Pena • Tower Team Realty, LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11618912
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.