8851 NW 119th St UNIT 5222Hialeah 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
Rental property for sale in Hialeah Gardens at 8851 NW 119th St UNIT 5222, Hialeah Gardens, FL, 33018 generates $1,983/mo in rent and, after a $1,366/mo payment, leaves $131/mo in cash flow. Total monthly income is $1,983/mo, and annual cash flow is $1,573/yr on $92,489 invested. Return on cash invested sits at 21.61% in year one, and rental yield is 8.53% on a $279,000 entry. Equity gained on principal adds $1,800/yr, while 5% annual appreciation builds toward $77,083 over five years. Five-year ROI reaches 112.6% and total cumulative return in cash sums $104,143. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,983/mo property income rather than buyer’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: Pablo Perez • Top Tier International Realty, LLC.
Mls Name: MIAMI
Mls ID: #A11886767