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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 6060 W 21st Ct APT 403, Hialeah, FL, 33016 listed at $310,000 pairs $3,521/mo rent with a $1,517/mo payment to leave $1,101/mo cash flow. Total monthly income runs $3,521/mo, and annual cash flow reaches $13,217/yr on $102,765 cash to close. Return on cash invested measures 32.77% in year one, and rental yield registers 13.63% at a $310,000 basis. Equity gained on principal adds $2,000/yr, and annual property appreciation at 5% supports $85,647 by year five. Five-year ROI tracks 173.95% and total cumulative return in cash totals $178,759. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,521/mo property income relative to a $1,517/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1991
N/A lot
$N/A/sqft
$310 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 |
|---|---|---|
| 2024-08-12 | Listed for sale | $310,000 |
| 2013-02-14 | Sold | $76,000 |
| 2012-10-06 | Pending sale | $75,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $3389.98 | 16.84% | $165,770 | 10.00% |
| 2022-08-30 | $2901.34 | 9.87% | $150,700 | 10.00% |
| 2021-08-30 | $2640.61 | 1.55% | $137,000 | 2.87% |
Listed by: Gelien Perez • Elite Pro Realty, LLC.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11639360
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.
