6881 W 16th DrHialeahFL33014
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 6881 W 16th Dr, Hialeah, FL, 33014 uses $146,855 cash to close to unlock $7,324/yr annual cash flow and $610/mo monthly cash flow. Total monthly income runs $3,730/mo, and a $2,168/mo payment keeps the spread at $610/mo. Purchase price stands at $443,000, and rental yield measures 10.1% with $3,730/mo rent. Return on cash invested shows 24.9% in year one, and 5% annual appreciation builds toward $122,393 over five years. Five-year ROI reaches 130.73% and total cumulative return in cash records $191,980. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,730/mo property income covering a $2,168/mo payment rather than investor’s personal income.
Townhouse
Built in 1969
N/A lot
$N/A/sqft
$150 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33014, Hialeah, FL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
16,190
Single Family
9,197
Multi-Family
6,993
Businesses
2,055
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mario Montero • Premium Estates Realty Corp
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11823406
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.