8851 NW 119th St UNIT 5221Hialeah GardensFL33018
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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 8851 NW 119th St UNIT 5221, Hialeah Gardens, FL, 33018 uses $106,080 cash to close to unlock $500/yr annual cash flow and $42/mo monthly cash flow. Total monthly income runs $2,165/mo, and a $1,566/mo payment keeps the spread at $42/mo. Purchase price stands at $320,000, and rental yield measures 8.12% with $2,165/mo rent. Return on cash invested shows 20.38% in year one, and 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 105.95% and total cumulative return in cash records $112,395. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,165/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Condo
Built in 1995
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
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Listed by: Alfredo Iglesias • Sync Brokerage Inc
Mls Name: MIAMI
Mls ID: #A11949749