7275 W 24th Ave APT 138HialeahFL33016
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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 Hialeah at 7275 W 24th Ave APT 138, Hialeah, FL, 33016 uses $88,444 cash to close to unlock $4,696/yr annual cash flow and $391/mo monthly cash flow. Total monthly income runs $2,534/mo, and a $1,306/mo payment keeps the spread at $391/mo. Purchase price stands at $266,800, and rental yield measures 11.4% with $2,534/mo rent. Return on cash invested shows 25.22% in year one, and 5% annual appreciation builds toward $73,712 over five years. Five-year ROI reaches 133.76% and total cumulative return in cash records $118,300. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,534/mo property income covering a $1,306/mo payment rather than investor’s personal income.
Condo
Built in 1993
871 sqft lot
$N/A/sqft
$372 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33016, Hialeah, FL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
15,579
Single Family
12,599
Multi-Family
2,980
Businesses
3,566
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