620 W 70th PlHialeahFL33014
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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
Rental property for sale in Hialeah at 620 W 70th Pl, Hialeah, FL, 33014 generates $5,456/mo in rent and, after a $3,230/mo payment, leaves $762/mo in cash flow. Total monthly income is $5,456/mo, and annual cash flow is $9,143/yr on $217,140 invested. Return on cash invested sits at 24.27% in year one, and rental yield is 9.92% on a $660,000 entry. Equity gained on principal adds $4,259/yr, while 5% annual appreciation builds toward $182,346 over five years. Five-year ROI reaches 127.42% and total cumulative return in cash sums $276,669. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,456/mo property income rather than buyer’s personal income.
Single Family
Built in 1961
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33014, Hialeah, FL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
16,190
Single Family
9,197
Multi-Family
6,993
Businesses
2,055
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Listed by: Olga Cevallos • MG Real Estate Miami, LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11859603
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.