730 SE 2nd StHomesteadFL33030
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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
Rental property for sale in Homestead at 730 SE 2nd St, Homestead, FL, 33030 priced at $355,000 converts $3,192/mo rent into $540/mo cash flow after a $1,738/mo obligation. Total monthly income equals $3,192/mo, and annual cash flow totals $6,482/yr on $117,683 invested. Return on cash invested prints 25.42% in year one, and rental yield reads 10.79% against a $355,000 entry. Equity gained on principal adds $2,291/yr, while 5% annual appreciation compiles into $98,080 by year five. Five-year ROI reaches 134.09% and total cumulative return in cash sums $157,800. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,192/mo property income covering a $1,738/mo payment, not borrower’s personal income.
Townhouse
Built in 2003
N/A lot
$N/A/sqft
$150 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33030, Homestead, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,161 (100%) |
| Owner Occupied HU | 5,058 (45.3%) |
| Renter Occupied HU | 5,633 (50.5%) |
| Vacant Housing Units | 470 ( 4.2%) |
| Median Home Value | $470,008 |
| Average Home Value | $549,886 |
Housing Distribution
Address Breakdown
Residential
11,286
Single Family
8,728
Multi-Family
2,558
Businesses
1,145
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Listed by: Gustavo Fernandez • Southeast Real Estate Advisors Inc.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11664310
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.