7400 W 20th Ave APT 326, Hialeah, FL, 33016 | $609/mo Cash Flow

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7400 W 20th Ave APT 326, Hialeah, FL, 33016 | $609/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Hialeah at 7400 W 20th Ave APT 326, Hialeah, FL, 33016 offers a 11.14% rental yield on a $229,900 purchase with $2,134/mo rent. Total monthly income registers $2,134/mo, and a $1,125/mo payment leaves $609/mo available for distribution. Annual cash flow reaches $7,303/yr on $76,212 to close, and return on cash invested stands at 29.49% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,517 over five years. Portfolio math shows five-year ROI at 154.84% and total cumulative return in cash at $118,007. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,134/mo property income against a $1,125/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1987

N/A lot

$N/A/sqft

No HOA

More details about the property

Prime Location! Situated near Palmetto General Hospital, Westland Mall, and 49th Street, with easy access to the 826 Expressway and I-75. The HOA installed a new roof last year, and the condo features a new A/C unit and water heater. Showings will begin after June 12.

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