701 SE 17th AveHomesteadFL33033
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Homestead at 701 SE 17th Ave, Homestead, FL, 33033 offers $4,576/mo rent that, after a $2,809/mo payment, leaves $596/mo cash flow. Total monthly income is $4,576/mo, and annual cash flow is $7,155/yr on $188,846 cash. Return on cash invested measures 23.85% in year one, and rental yield stands at 9.57% at a $574,000 entry. Equity gained on principal adds $3,704/yr while 5% annual appreciation compounds into $158,586 by year five. Five-year ROI records 124.93% and total cumulative return in cash reaches $235,929. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,576/mo property income versus a $2,809/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
9.83 Acres lot
$N/A/sqft
$171 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33033, Homestead, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,526 (100%) |
| Owner Occupied HU | 12,717 (56.5%) |
| Renter Occupied HU | 9,219 (40.9%) |
| Vacant Housing Units | 590 ( 2.6%) |
| Median Home Value | $455,816 |
| Average Home Value | $499,751 |
Housing Distribution
Address Breakdown
Residential
21,729
Single Family
19,094
Multi-Family
2,635
Businesses
594
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Maria Cardenas • D.R. Horton Realty of Southeast
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11673155
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.