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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 Gardens at 8851 NW 119th St UNIT 3416-3, Hialeah Gardens, FL, 33018 earns $1,487/mo cash flow from $3,691/mo rent with a $1,395/mo payment. Total monthly income totals $3,691/mo, and annual cash flow totals $17,841/yr on $94,478 capital. ROI tracks 38.79% on current figures, and rental yield reads 15.54% at a $285,000 purchase. Equity gained on principal adds $1,839/yr, and 5% annual appreciation supports $78,740 over five years. Five-year ROI reaches 206.14% and total cumulative return in cash sums $194,754. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,691/mo property income instead of your personal income.
Condo
Built in 1995
N/A lot
$N/A/sqft
$230 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 |
|---|---|---|
| 2024-03-30 | Listed for sale | $285,000 |
| 1995-06-06 | Sold | $47,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $3530.88 | 8.06% | $173,880 | 8.00% |
| 2022-08-30 | $3267.59 | 494.62% | $161,000 | 197.73% |
| 2021-08-30 | $549.53 | 0.65% | $54,076 | 1.40% |
Listed by: Elizabeth Torres • RE/MAX 360 Real Estate
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11560012
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.
