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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 6150 W 24th Ct APT 103-9, Hialeah, FL, 33016 listed at $400,000 pairs $5,485/mo rent with a $1,958/mo payment to leave $2,420/mo cash flow. Total monthly income runs $5,485/mo, and annual cash flow reaches $29,044/yr on $132,600 cash to close. Return on cash invested measures 41.81% in year one, and rental yield registers 16.46% at a $400,000 basis. Equity gained on principal adds $2,581/yr, and annual property appreciation at 5% supports $110,513 by year five. Five-year ROI tracks 222.25% and total cumulative return in cash totals $294,700. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,485/mo property income relative to a $1,958/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1987
N/A lot
$N/A/sqft
$290 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 |
|---|---|---|
| 2024-08-30 | Price change | $400,000 |
| 2024-08-07 | Price change | $410,000 |
| 2024-07-19 | Listed for sale | $430,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $5001.98 | 33.97% | $266,500 | 36.11% |
| 2022-08-30 | $3733.52 | 8.82% | $195,800 | 10.00% |
| 2021-08-30 | $3430.86 | 6.30% | $178,000 | 6.59% |
Listed by: Luz Prada • Investar Realty LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11536652
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.
