6940 NW 179th St APT 308-7HialeahFL33015
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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
Rental property for sale in Hialeah at 6940 NW 179th St APT 308-7, Hialeah, FL, 33015 generates $3,240/mo in rent and, after a $1,708/mo payment, leaves $924/mo in cash flow. Total monthly income is $3,240/mo, and annual cash flow is $11,090/yr on $115,694 invested. Return on cash invested sits at 29.49% in year one, and rental yield is 11.14% on a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 154.86% and total cumulative return in cash sums $179,160. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,240/mo property income rather than buyer’s personal income.
Condo
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33015, Hialeah, FL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
21,873
Single Family
16,119
Multi-Family
5,754
Businesses
1,037
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