656 NW 6th StFlorida CityFL33034
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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 Florida City at 656 NW 6th St, Florida City, FL, 33034 listed at $411,490 pairs $3,090/mo rent with a $2,014/mo payment to leave $359/mo cash flow. Total monthly income runs $3,090/mo, and annual cash flow reaches $4,312/yr on $136,409 cash to close. Return on cash invested measures 23.07% in year one, and rental yield registers 9.01% at a $411,490 basis. Equity gained on principal adds $2,655/yr, and annual property appreciation at 5% supports $113,687 by year five. Five-year ROI tracks 120.4% and total cumulative return in cash totals $164,231. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,090/mo property income relative to a $2,014/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33034, Homestead, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,884 (100%) |
| Owner Occupied HU | 4,205 (47.3%) |
| Renter Occupied HU | 4,271 (48.1%) |
| Vacant Housing Units | 408 ( 4.6%) |
| Median Home Value | $325,349 |
| Average Home Value | $418,352 |
Housing Distribution
Address Breakdown
Residential
8,092
Single Family
5,451
Multi-Family
2,641
Businesses
636
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Listed by: Ashley Valdez • D.R. Horton Realty of Southeast
Mls Name: MIAMI
Mls ID: #A11904219