








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 Miami Lakes at 6358 Milk Wagon Ln, Miami Lakes, FL, 33014 generates $4,235/mo in rent and, after a $2,721/mo payment, leaves $546/mo in cash flow. Total monthly income is $4,235/mo, and annual cash flow is $6,548/yr on $182,924 invested. Return on cash invested sits at 23.64% in year one, and rental yield is 9.14% on a $556,000 entry. Equity gained on principal adds $3,588/yr, while 5% annual appreciation builds toward $153,613 over five years. Five-year ROI reaches 123.41% and total cumulative return in cash sums $225,741. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,235/mo property income rather than buyer’s personal income.
Single Family
Built in 1978
2,100 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33014, Hialeah, FL area.
| 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 |
Residential
16,190
Single Family
9,197
Multi-Family
6,993
Businesses
2,055
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Ariel Lopez • Island Living Realty, LLC
Mls Name: MIAMI
Mls ID: #A11899659