7384 W 29th LnHialeahFL33018
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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 7384 W 29th Ln, Hialeah, FL, 33018 uses $159,120 cash to close to unlock $14,340/yr annual cash flow and $1,195/mo monthly cash flow. Total monthly income runs $4,380/mo, and a $2,349/mo payment keeps the spread at $1,195/mo. Purchase price stands at $480,000, and rental yield measures 10.95% with $4,380/mo rent. Return on cash invested shows 28.92% in year one, and 5% annual appreciation builds toward $132,615 over five years. Five-year ROI reaches 151.74% and total cumulative return in cash records $241,445. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,380/mo property income covering a $2,349/mo payment rather than investor’s personal income.
Single Family
Built in 1989
3,060 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33018, Hialeah, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,368 (100%) |
| Owner Occupied HU | 13,103 (67.7%) |
| Renter Occupied HU | 5,725 (29.6%) |
| Vacant Housing Units | 540 ( 2.8%) |
| Median Home Value | $488,748 |
| Average Home Value | $545,280 |
Housing Distribution
Address Breakdown
Residential
18,558
Single Family
17,197
Multi-Family
1,361
Businesses
1,602
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