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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 7650 W 29th Way APT 202, Hialeah, FL, 33018 offers a 11.24% rental yield on a $279,900 purchase with $2,622/mo rent. Total monthly income registers $2,622/mo, and a $1,370/mo payment leaves $551/mo available for distribution. Annual cash flow reaches $6,611/yr on $92,787 to close, and return on cash invested stands at 27.03% in year one. Equity gained on principal adds $1,806/yr while 5% annual appreciation supports $77,331 over five years. Portfolio math shows five-year ROI at 142.64% and total cumulative return in cash at $132,349. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,622/mo property income against a $1,370/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1990
N/A lot
$N/A/sqft
$110 monthly 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 |
|---|---|---|
| 2021-04-11 | Listing removed | N/A |
| 2021-03-30 | Price change | $1,500 |
| 2021-03-09 | Price change | $1,550 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-25 | $3735.23 | 12.00% | $189,812 | 10.00% |
| 2022-12-25 | $3335.09 | 10.30% | $172,557 | 10.00% |
| 2021-12-25 | $3023.58 | 4.72% | $156,870 | 5.00% |
Listed by: Raul Gonzalez • NuFront International Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11655484
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.
