616 SE 30th TerHomesteadFL33033
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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 Homestead at 616 SE 30th Ter, Homestead, FL, 33033 at $514,900 posts ROI 29.08% with $1,274/mo cash flow from $5,160/mo rent. Total monthly income equals $5,160/mo, and annual cash flow records $15,285/yr on $169,402 to close. Return on cash invested measures 29.08% and rental yield reads 12.03% at the current $514,900. Equity gained on principal adds $3,323/yr, and 5% annual appreciation supports $142,257 by year five. Five-year ROI prints 153.81% and total cumulative return in cash totals $260,550.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,160/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2007
5,775 sqft lot
$N/A/sqft
$76 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33033, Homestead, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,526 (100%) |
| Owner Occupied HU | 12,717 (56.5%) |
| Renter Occupied HU | 9,219 (40.9%) |
| Vacant Housing Units | 590 ( 2.6%) |
| Median Home Value | $455,816 |
| Average Home Value | $499,751 |
Housing Distribution
Address Breakdown
Residential
21,729
Single Family
19,094
Multi-Family
2,635
Businesses
594
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Listed by: Mireya Olmo • Realty World Executive Homes
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11617903
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.