761 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
Investment property for sale in Homestead at 761 SE 2nd St, Homestead, FL, 33030 earns $444/mo cash flow from $2,760/mo rent with a $1,708/mo payment. Total monthly income totals $2,760/mo, and annual cash flow totals $5,330/yr on $115,694 capital. ROI tracks 24.52% on current figures, and rental yield reads 9.49% at a $349,000 purchase. Equity gained on principal adds $2,252/yr, and 5% annual appreciation supports $96,422 over five years. Five-year ROI reaches 128.17% and total cumulative return in cash sums $148,284. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,760/mo property income instead of your personal income.
Townhouse
Built in 2003
N/A lot
$N/A/sqft
No 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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