8360 NW 103rd St APT 204EHialeah GardensFL33016
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
Investment property for sale in Hialeah Gardens at 8360 NW 103rd St APT 204E, Hialeah Gardens, FL, 33016 listed at $347,900 pairs $2,825/mo rent with a $1,703/mo payment to leave $172/mo cash flow. Total monthly income runs $2,825/mo, and annual cash flow reaches $2,059/yr on $115,329 cash to close. Return on cash invested measures 21.69% in year one, and rental yield registers 9.74% at a $347,900 basis. Equity gained on principal adds $2,245/yr, and annual property appreciation at 5% supports $96,118 by year five. Five-year ROI tracks 114.31% and total cumulative return in cash totals $131,835. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,825/mo property income relative to a $1,703/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1998
N/A lot
$N/A/sqft
$234 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33016, Hialeah, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,550 (100%) |
| Owner Occupied HU | 8,444 (54.3%) |
| Renter Occupied HU | 6,887 (44.3%) |
| Vacant Housing Units | 219 ( 1.4%) |
| Median Home Value | $404,651 |
| Average Home Value | $550,053 |
Housing Distribution
Address Breakdown
Residential
15,579
Single Family
12,599
Multi-Family
2,980
Businesses
3,566
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Iris Romero • Sky-Land International Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11688764
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.