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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% |
Rental property for sale in Hialeah at 606 W 81st St APT 210, Hialeah, FL, 33014 generates $3,032/mo in rent and, after a $1,008/mo payment, leaves $1,317/mo in cash flow. Total monthly income is $3,032/mo, and annual cash flow is $15,803/yr on $68,289 invested. Return on cash invested sits at 43.05% in year one, and rental yield is 17.66% on a $206,000 entry. Equity gained on principal adds $1,329/yr, while 5% annual appreciation builds toward $56,914 over five years. Five-year ROI reaches 229.73% and total cumulative return in cash sums $156,884. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,032/mo property income rather than buyer’s personal income.
Condo
Built in 1971
N/A lot
$N/A/sqft
$310 monthly HOA
Neighborhood data shown for ZIP Code: 33014, Hialeah, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,454 (100%) |
| Owner Occupied HU | 6,918 (42.0%) |
| Renter Occupied HU | 8,748 (53.2%) |
| Vacant Housing Units | 788 ( 4.8%) |
| Median Home Value | $513,421 |
| Average Home Value | $573,531 |
Residential
16,190
Single Family
9,197
Multi-Family
6,993
Businesses
2,055
Date | Event | Price |
|---|---|---|
| 2024-06-26 | Price change | $206,000 |
| 2024-06-08 | Listed for sale | $216,000 |
| 2022-07-11 | Sold | $145,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $2292.93 | 36.45% | $122,165 | 48.93% |
| 2022-08-30 | $1680.38 | 4.65% | $82,027 | 10.00% |
| 2021-08-30 | $1605.73 | 4.97% | $74,570 | 10.00% |
Listed by: Martha Lopez • Reaction Realty Group, Inc.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11603622
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.
