591 E 47th StreetHialeahFL33013
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 591 E 47th Street, Hialeah, FL, 33013 in Hialeah: $3,906/mo in rent, $332/mo in net income, 8.7% gross yield, 1.61 DSCR, all at $538,500. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $148,778 in appreciation and $4,960/yr in principal paydown projects total cumulative return of $226,701.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 6.5% |
| Monthly Cash Flow | $332 | $300 |
City averages based on Hialeah market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,906 |
| Total Monthly Debt Service | $3,359 |
| DSCR Ratio | 1.16x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1948
8,280 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1948
8,280 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices