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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 7211 W 24th Ave APT 2251, Hialeah, FL, 33016 uses $154,479 cash to close to unlock $2,441/yr annual cash flow and $203/mo monthly cash flow. Total monthly income runs $3,521/mo, and a $2,281/mo payment keeps the spread at $203/mo. Purchase price stands at $465,999, and rental yield measures 9.07% with $3,521/mo rent. Return on cash invested shows 21.49% in year one, and 5% annual appreciation builds toward $128,747 over five years. Five-year ROI reaches 112.54% and total cumulative return in cash records $173,857. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,521/mo property income covering a $2,281/mo payment rather than investor’s personal income.
Condo
Built in 1993
N/A lot
$N/A/sqft
$225 monthly HOA
Neighborhood data shown for ZIP Code: 33016, Hialeah, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,550 (100%) |
| Owner Occupied HU | 8,444 (54.3%) |
| Renter Occupied HU | 6,887 (44.3%) |
| Vacant Housing Units | 219 ( 1.4%) |
| Median Home Value | $404,651 |
| Average Home Value | $550,053 |
Residential
15,579
Single Family
12,599
Multi-Family
2,980
Businesses
3,566
Date | Event | Price |
|---|---|---|
| 2024-12-31 | Listed for sale | $465,999 |
| 2024-10-20 | Listing removed | $454,900 |
| 2024-10-20 | Price change | $454,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $2549.53 | 1.62% | $212,045 | 3.00% |
| 2022-02-13 | $2508.83 | 1.14% | $205,869 | 3.00% |
| 2021-02-13 | $2480.49 | 1.69% | $199,873 | 1.40% |
Listed by: Maribel Reyes • Goldpen Realty Group
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11715002
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.
