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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% |
Investment property for sale in Hialeah at 7462 W 29th Way, Hialeah, FL, 33018 earns $1,372/mo cash flow from $5,221/mo rent with a $2,839/mo payment. Total monthly income totals $5,221/mo, and annual cash flow totals $16,462/yr on $190,820 capital. ROI tracks 28.69% on current figures, and rental yield reads 10.8% at a $580,000 purchase. Equity gained on principal adds $3,743/yr, and 5% annual appreciation supports $160,243 over five years. Five-year ROI reaches 150.47% and total cumulative return in cash sums $287,133. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,221/mo property income instead of your personal income.
Single Family
Built in 1988
2,730 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33018, Hialeah, FL area.
| 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 |
Residential
18,558
Single Family
17,197
Multi-Family
1,361
Businesses
1,602
Date | Event | Price |
|---|---|---|
| 2024-08-21 | Listed for sale | $580,000 |
| 2007-09-07 | Sold | $60,700 |
| 2001-02-06 | Sold | $115,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $923.05 | -38.89% | $125,389 | 3.00% |
| 2022-08-30 | $1510.39 | 1.40% | $121,737 | 3.00% |
| 2021-08-30 | $1489.59 | 1.71% | $118,192 | 1.40% |
Listed by: Greg Sullivan • ByOwner.Com
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10457363
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
