7618 NW 168th TerHialeahFL33015
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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 7618 NW 168th Ter, Hialeah, FL, 33015 uses $187,530 cash to close to unlock $4,207/yr annual cash flow and $351/mo monthly cash flow. Total monthly income runs $4,277/mo, and a $2,790/mo payment keeps the spread at $351/mo. Purchase price stands at $570,000, and rental yield measures 9% with $4,277/mo rent. Return on cash invested shows 22.3% in year one, and 5% annual appreciation builds toward $157,480 over five years. Five-year ROI reaches 116.58% and total cumulative return in cash records $218,629. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,277/mo property income covering a $2,790/mo payment rather than investor’s personal income.
Single Family
Built in 1996
3,872 sqft lot
$N/A/sqft
$90 monthly HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 33015, Hialeah, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,467 (100%) |
| Owner Occupied HU | 11,771 (52.4%) |
| Renter Occupied HU | 10,165 (45.2%) |
| Vacant Housing Units | 531 ( 2.4%) |
| Median Home Value | $462,766 |
| Average Home Value | $519,424 |
Housing Distribution
Address Breakdown
Residential
21,873
Single Family
16,119
Multi-Family
5,754
Businesses
1,037
Price History
Date | Event | Price |
|---|---|---|
| 2025-01-29 | Listed for sale | $570,000 |
| 2021-06-09 | Sold | $368,000 |
| 2017-01-13 | Sold | $270,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $5715.00 | 3.87% | $340,651 | 3.00% |
| 2022-02-13 | $5502.03 | 61.90% | $330,730 | 62.30% |
| 2021-02-13 | $3398.45 | 1.27% | $203,774 | 1.40% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1996
- Architectural Style: Other
- Building Area: 1,431
- Living Area: 1,366 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central, Electric, Other
- Cooling: Central Air, Electric, Other
- Flooring: Other, Vinyl
- Interior Features: Other
- Exterior Features: Other
- Parking Features: Driveway, Guest, Other, No Rv/Boats, No Trucks/Trailers
Location
HOA & Fees
- HOA Fee: $90 monthly
- Association Fee: $90 monthly
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Municipal Water, Other
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Daryl Tio Tauler • Luc & Co Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11734031
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.