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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% |
Investment property for sale in Hialeah at 6620 W 2nd Ct APT 107, Hialeah, FL, 33012 offers a 11.85% rental yield on a $275,000 purchase with $2,716/mo rent. Total monthly income registers $2,716/mo, and a $1,346/mo payment leaves $536/mo available for distribution. Annual cash flow reaches $6,435/yr on $91,163 to close, and return on cash invested stands at 26.97% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 143% and total cumulative return in cash at $130,367. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,716/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1972
N/A lot
$N/A/sqft
$319 monthly HOA
Neighborhood data shown for ZIP Code: 33012, Hialeah, FL area.
| 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 |
Residential
24,377
Single Family
12,249
Multi-Family
12,128
Businesses
2,591
Date | Event | Price |
|---|---|---|
| 2024-07-03 | Listed for sale | $275,000 |
| 2022-04-14 | Sold | $175,000 |
| 2022-01-26 | Pending sale | $184,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $2876.76 | 475.63% | $153,270 | 180.34% |
| 2022-08-30 | $499.76 | -0.73% | $54,672 | 3.00% |
| 2021-08-30 | $503.44 | 0.71% | $53,080 | 1.40% |
Listed by: Anabelle Bogantes • Precision Real Estate Group
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11618043
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.
