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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 6215 W 20th Ave APT 212, Hialeah, FL, 33012 uses $86,157 cash to close to unlock $18,916/yr annual cash flow and $1,576/mo monthly cash flow. Total monthly income runs $3,751/mo, and a $1,272/mo payment keeps the spread at $1,576/mo. Purchase price stands at $259,900, and rental yield measures 17.32% with $3,751/mo rent. Return on cash invested shows 41.86% in year one, and 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 223.46% and total cumulative return in cash records $192,526. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,751/mo property income covering a $1,272/mo payment rather than investor’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
$450 monthly HOA
Neighborhood data shown for ZIP Code: 33012, Hialeah, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,567 (100%) |
| Owner Occupied HU | 12,167 (49.5%) |
| Renter Occupied HU | 11,978 (48.8%) |
| Vacant Housing Units | 422 ( 1.7%) |
| Median Home Value | $431,789 |
| Average Home Value | $455,001 |
Residential
24,377
Single Family
12,249
Multi-Family
12,128
Businesses
2,591
Date | Event | Price |
|---|---|---|
| 2024-06-10 | Listed for rent | $2,200 |
| 2024-05-14 | Price change | $259,900 |
| 2024-04-12 | Listed for sale | $269,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $2001.26 | 11.65% | $90,544 | 10.00% |
| 2022-08-30 | $1792.38 | 1.90% | $82,313 | 10.00% |
| 2021-08-30 | $1758.90 | -0.55% | $74,830 | 10.00% |
Listed by: Patricio Moreno • Miami New Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11568532
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.
