690 E 8th CtHialeahFL33010
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow690 E 8th Ct, Hialeah, FL, 33010 in Hialeah is a top-tier cash-flow asset. At $610,000 it produces $6,575/mo in rent and $2,527/mo in net monthly income, a 12.93% gross rental yield. The DSCR of 2.40 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $30,321. Five-year appreciation adds $168,532, driving a total cumulative return of $395,104.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.9% | 6.5% |
| Monthly Cash Flow | $2,527 | $300 |
City averages based on Hialeah market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,575 |
| Total Monthly Debt Service | $3,805 |
| DSCR Ratio | 1.73x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1952
8,240 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33010, Hialeah, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,072 (100%) |
| Owner Occupied HU | 4,997 (29.3%) |
| Renter Occupied HU | 11,563 (67.7%) |
| Vacant Housing Units | 512 ( 3.0%) |
| Median Home Value | $452,106 |
| Average Home Value | $477,479 |
Housing Distribution
Address Breakdown
Residential
15,583
Single Family
8,723
Multi-Family
6,860
Businesses
2,033
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
Single Family
Built in 1952
8,240 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33010, Hialeah, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,072 (100%) |
| Owner Occupied HU | 4,997 (29.3%) |
| Renter Occupied HU | 11,563 (67.7%) |
| Vacant Housing Units | 512 ( 3.0%) |
| Median Home Value | $452,106 |
| Average Home Value | $477,479 |
Housing Distribution
Address Breakdown
Residential
15,583
Single Family
8,723
Multi-Family
6,860
Businesses
2,033
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices