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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 6919 W 29th Way, Hialeah, FL, 33018 offers a 9.19% rental yield on a $558,000 purchase with $4,272/mo rent. Total monthly income registers $4,272/mo, and a $2,731/mo payment leaves $569/mo available for distribution. Annual cash flow reaches $6,830/yr on $183,582 to close, and return on cash invested stands at 23.78% in year one. Equity gained on principal adds $3,601/yr while 5% annual appreciation supports $154,165 over five years. Portfolio math shows five-year ROI at 124.18% and total cumulative return in cash at $227,965. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,272/mo property income against a $2,731/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
3,407 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33018, Hialeah, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,368 (100%) |
| Owner Occupied HU | 13,103 (67.7%) |
| Renter Occupied HU | 5,725 (29.6%) |
| Vacant Housing Units | 540 ( 2.8%) |
| Median Home Value | $488,748 |
| Average Home Value | $545,280 |
Residential
18,558
Single Family
17,197
Multi-Family
1,361
Businesses
1,602
Date | Event | Price |
|---|---|---|
| 2024-12-18 | Price change | $558,000 |
| 2024-08-21 | Listed for sale | $565,000 |
| 1996-01-16 | Sold | $93,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-14 | $1961.42 | 3.56% | $146,248 | 3.00% |
| 2023-05-14 | $1894.04 | 4.49% | $141,989 | 3.00% |
| 2022-05-14 | $1812.73 | 1.20% | $137,854 | 3.00% |
Listed by: Javier Fano Villaescusa • Calvet Realty Group, LLC.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11644248
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.
