7801 W 29th Way APT 102HialeahFL33018
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Hialeah at 7801 W 29th Way APT 102, Hialeah, FL, 33018 generates $2,582/mo in rent and, after a $1,610/mo payment, leaves $399/mo in cash flow. Total monthly income is $2,582/mo, and annual cash flow is $4,790/yr on $109,030 invested. Return on cash invested sits at 24.3% in year one, and rental yield is 9.42% on a $328,900 entry. Equity gained on principal adds $2,122/yr, while 5% annual appreciation builds toward $90,869 over five years. Five-year ROI reaches 127.02% and total cumulative return in cash sums $138,493. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,582/mo property income rather than buyer’s personal income.
Condo
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33018, Hialeah, FL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
18,558
Single Family
17,197
Multi-Family
1,361
Businesses
1,602
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices