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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 6990 NW 179th St APT 103-2, Hialeah, FL, 33015 listed at $339,000 pairs $3,240/mo rent with a $1,659/mo payment to leave $791/mo cash flow. Total monthly income runs $3,240/mo, and annual cash flow reaches $9,487/yr on $112,379 cash to close. Return on cash invested measures 28.35% in year one, and rental yield registers 11.47% at a $339,000 basis. Equity gained on principal adds $2,188/yr, and annual property appreciation at 5% supports $93,659 by year five. Five-year ROI tracks 149.48% and total cumulative return in cash totals $167,980. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,240/mo property income relative to a $1,659/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2001
N/A lot
$N/A/sqft
$200 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 |
|---|---|---|
| 2024-09-04 | Listed for sale | $339,000 |
| 2024-08-29 | Pending sale | $339,000 |
| 2024-08-18 | Listed for sale | $339,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-25 | $718.44 | 6.35% | $80,260 | 3.00% |
| 2022-12-25 | $675.52 | 3.82% | $77,923 | 3.00% |
| 2021-12-25 | $650.66 | 1.56% | $75,654 | 1.40% |
Listed by: Ethan Vargas • InteRealty Properties, LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11642969
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.
