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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 7060 NW 173rd Dr APT 1503, Hialeah, FL, 33015 generates $2,813/mo in rent and, after a $1,762/mo payment, leaves $104/mo in cash flow. Total monthly income is $2,813/mo, and annual cash flow is $1,248/yr on $119,340 invested. Return on cash invested sits at 20.95% in year one, and rental yield is 9.38% on a $360,000 entry. Equity gained on principal adds $2,323/yr, while 5% annual appreciation builds toward $99,461 over five years. Five-year ROI reaches 110.18% and total cumulative return in cash sums $131,493. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,813/mo property income rather than buyer’s personal income.
Condo
Built in 1992
N/A lot
$N/A/sqft
$320 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 |
|---|---|---|
| 2024-08-05 | Listed for sale | $360,000 |
| 2022-09-02 | Sold | $290,000 |
| 2022-08-08 | Listed for sale | $300,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $3079.96 | 0.33% | $220,780 | 25.64% |
| 2022-08-30 | $3069.93 | 8.36% | $175,728 | 10.00% |
| 2021-08-30 | $2833.20 | 10.48% | $159,753 | 10.00% |
Listed by: Yanelis Fonte • United Real Estate Miami
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11635673
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.
