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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% |
Rental property for sale in Hialeah at 7400 W 20th Ave APT 125, Hialeah, FL, 33016 generates $2,354/mo in rent and, after a $979/mo payment, leaves $730/mo in cash flow. Total monthly income is $2,354/mo, and annual cash flow is $8,756/yr on $66,300 invested. Return on cash invested sits at 33.12% in year one, and rental yield is 14.12% on a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 176.21% and total cumulative return in cash sums $116,828. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,354/mo property income rather than buyer’s personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
$297 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 |
|---|---|---|
| 2024-07-09 | Listed for sale | $200,000 |
| 1996-07-08 | Sold | $49,400 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $230.04 | 9.77% | $37,256 | 3.00% |
| 2022-08-30 | $209.56 | 7.46% | $36,171 | 3.00% |
| 2021-08-30 | $195.01 | 4.73% | $35,118 | 1.40% |
Listed by: Marielena Mancebo • Realty One Group Royal Oaks
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11612133
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.
