651 E 38th StHialeahFL33013
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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 651 E 38th St, Hialeah, FL, 33013 listed at $677,000 pairs $3,487/mo rent with a $3,314/mo payment. Total monthly income runs $3,487/mo. Return on cash invested measures 14.64% in year one, and rental yield registers 6.18% at a $677,000 basis. Equity gained on principal adds $4,369/yr, and annual property appreciation at 5% supports $187,043 by year five. Five-year ROI tracks 75.13% and total cumulative return in cash totals $167,347. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,487/mo property income relative to a $3,314/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1949
9,590 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33013, Hialeah, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,808 (100%) |
| Owner Occupied HU | 5,765 (58.8%) |
| Renter Occupied HU | 3,713 (37.9%) |
| Vacant Housing Units | 330 ( 3.4%) |
| Median Home Value | $470,628 |
| Average Home Value | $511,142 |
Housing Distribution
Address Breakdown
Residential
8,894
Single Family
7,541
Multi-Family
1,353
Businesses
1,049
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