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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 6990 NW 186th St APT 4-511, Hialeah, FL, 33015 generates $1,481/mo in rent and, after a $1,057/mo payment, leaves $48/mo in cash flow. Total monthly income is $1,481/mo, and annual cash flow is $576/yr on $71,571 invested. Return on cash invested sits at 20.71% in year one, and rental yield is 8.23% on a $215,900 entry. Equity gained on principal adds $1,393/yr, while 5% annual appreciation builds toward $59,649 over five years. Five-year ROI reaches 107.72% and total cumulative return in cash sums $77,096. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,481/mo property income rather than buyer’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Arelis Cosme • Compass Florida, LLC
Mls Name: MIAMI
Mls ID: #A11887096
