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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 6940 NW 179th St APT 305-7, Hialeah, FL, 33015 listed at $350,000 pairs $3,240/mo rent with a $1,713/mo payment to leave $617/mo cash flow. Total monthly income runs $3,240/mo, and annual cash flow reaches $7,409/yr on $116,025 cash to close. Return on cash invested measures 26.29% in year one, and rental yield registers 11.11% at a $350,000 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,699 by year five. Five-year ROI tracks 138.81% and total cumulative return in cash totals $161,054. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,240/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2003
N/A lot
$N/A/sqft
$300 monthly HOA
Neighborhood data shown for ZIP Code: 33015, Hialeah, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,467 (100%) |
| Owner Occupied HU | 11,771 (52.4%) |
| Renter Occupied HU | 10,165 (45.2%) |
| Vacant Housing Units | 531 ( 2.4%) |
| Median Home Value | $462,766 |
| Average Home Value | $519,424 |
Residential
21,873
Single Family
16,119
Multi-Family
5,754
Businesses
1,037
Date | Event | Price |
|---|---|---|
| 2024-11-26 | Listed for sale | $350,000 |
| 2024-08-29 | Listing removed | N/A |
| 2024-08-28 | Listed for sale | $350,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-25 | $3036.37 | 253.46% | $216,920 | 142.55% |
| 2022-12-25 | $859.03 | 2.42% | $89,433 | 3.00% |
| 2021-12-25 | $838.74 | 1.98% | $86,829 | 1.40% |
Listed by: Jewel Johnson • Jewel International Real Estate LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11700106
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.
