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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% |
Rental property for sale in Hialeah at 6291 W 24th Ct APT 102-6, Hialeah, FL, 33016 generates $3,080/mo in rent and, after a $1,566/mo payment, leaves $677/mo in cash flow. Total monthly income is $3,080/mo, and annual cash flow is $8,120/yr on $106,080 invested. Return on cash invested sits at 27.56% in year one, and rental yield is 11.55% on a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 145.63% and total cumulative return in cash sums $154,479. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,080/mo property income rather than buyer’s personal income.
Townhouse
Built in 1985
N/A lot
$N/A/sqft
$280 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 |
|---|---|---|
| 2025-02-11 | Price change | $320,000 |
| 2025-01-06 | Price change | $325,000 |
| 2024-12-04 | Price change | $330,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $604.99 | 2.71% | $70,264 | 3.00% |
| 2022-02-13 | $589.00 | -1.11% | $68,218 | 3.00% |
| 2021-02-13 | $595.63 | 0.55% | $66,232 | 1.40% |
Listed by: Cristen Navarro • Lifestyle International Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11688233
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.
