7204 Fairway Dr APT I25Miami LakesFL33014
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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
Investment property for sale in Miami Lakes at 7204 Fairway Dr APT I25, Miami Lakes, FL, 33014 listed at $291,950 pairs $2,705/mo rent with a $1,429/mo payment to leave $250/mo cash flow. Total monthly income runs $2,705/mo, and annual cash flow reaches $2,994/yr on $96,781 cash to close. Return on cash invested measures 23% in year one, and rental yield registers 11.12% at a $291,950 basis. Equity gained on principal adds $1,884/yr, and annual property appreciation at 5% supports $80,660 by year five. Five-year ROI tracks 122.37% and total cumulative return in cash totals $118,432. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,705/mo property income relative to a $1,429/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1972
N/A lot
$N/A/sqft
$518 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33014, Hialeah, FL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
16,190
Single Family
9,197
Multi-Family
6,993
Businesses
2,055
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Listed by: Sandra Rathe • Keller Williams Legacy
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11826253
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.