601 SE 8th PlHialeahFL33010
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
Investment Highlights
Investment property for sale in Hialeah at 601 SE 8th Pl, Hialeah, FL, 33010 offers a 9.23% rental yield on a $585,000 purchase with $4,500/mo rent. Total monthly income registers $4,500/mo, and a $2,863/mo payment leaves $473/mo available for distribution. Annual cash flow reaches $5,674/yr on $192,465 to close, and return on cash invested stands at 23.01% in year one. Equity gained on principal adds $3,775/yr while 5% annual appreciation supports $161,625 over five years. Portfolio math shows five-year ROI at 120.35% and total cumulative return in cash at $231,630. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,500/mo property income against a $2,863/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
6,720 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33010, Hialeah, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,072 (100%) |
| Owner Occupied HU | 4,997 (29.3%) |
| Renter Occupied HU | 11,563 (67.7%) |
| Vacant Housing Units | 512 ( 3.0%) |
| Median Home Value | $452,106 |
| Average Home Value | $477,479 |
Housing Distribution
Address Breakdown
Residential
15,583
Single Family
8,723
Multi-Family
6,860
Businesses
2,033
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Surelis Yanes • Miami Portfolio Collection
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11829663
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.