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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% |
Rental property for sale in Hialeah at 7956 W 29th Ln APT 201-5, Hialeah, FL, 33018 generates $4,127/mo in rent and, after a $1,517/mo payment, leaves $1,756/mo in cash flow. Total monthly income is $4,127/mo, and annual cash flow is $21,074/yr on $102,765 invested. Return on cash invested sits at 40.42% in year one, and rental yield is 15.98% on a $310,000 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 214.76% and total cumulative return in cash sums $220,699. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,127/mo property income rather than buyer’s personal income.
Condo
Built in 1991
N/A lot
$N/A/sqft
$200 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 |
|---|---|---|
| 2024-08-28 | Listed for sale | $310,000 |
| 2022-11-23 | Sold | $234,000 |
| 2022-05-17 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $4126.11 | 647.62% | $219,834 | 251.26% |
| 2022-08-30 | $551.90 | -0.97% | $62,585 | 3.00% |
| 2021-08-30 | $557.31 | 0.62% | $60,763 | 1.40% |
Listed by: Aideline Amaran • My FL Home, LLC.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11649275
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.
