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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% |
Rental property for sale in Hialeah at 6950 W 6th Ave APT 518, Hialeah, FL, 33014 generates $5,326/mo in rent and, after a $1,713/mo payment, leaves $2,613/mo in cash flow. Total monthly income is $5,326/mo, and annual cash flow is $31,361/yr on $116,025 invested. Return on cash invested sits at 46.94% in year one, and rental yield is 18.26% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 249.85% and total cumulative return in cash sums $289,886. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,326/mo property income rather than buyer’s personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
$390 monthly HOA
Neighborhood data shown for ZIP Code: 33014, Hialeah, FL area.
| 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 |
Residential
16,190
Single Family
9,197
Multi-Family
6,993
Businesses
2,055
Date | Event | Price |
|---|---|---|
| 2024-08-19 | Price change | $350,000 |
| 2024-07-25 | Price change | $370,000 |
| 2024-07-16 | Listed for sale | $380,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $823.38 | 6.40% | $84,946 | 3.00% |
| 2022-08-30 | $773.85 | 2.52% | $82,472 | 3.00% |
| 2021-08-30 | $754.81 | 2.28% | $80,070 | 1.40% |
Listed by: Alvaro Garcia • Team USPBI Real Estate
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11624673
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.
