6360 W 16th AveHialeahFL33012
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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 Hialeah at 6360 W 16th Ave, Hialeah, FL, 33012 offers a 6.57% rental yield on a $810,900 purchase with $4,440/mo rent. 83% in year one. Equity gained on principal adds $5,233/yr while 5% annual appreciation supports $224,037 over five years. Portfolio math shows five-year ROI at 81.5% and total cumulative return in cash at $217,438. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,440/mo property income against a $3,969/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
9,720 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33012, Hialeah, FL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
24,377
Single Family
12,249
Multi-Family
12,128
Businesses
2,591
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Listed by: Isabel Castellanos • Florida Capital Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11730929
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.