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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 6117, Hialeah Gardens, FL, 33018 offers a 11.34% rental yield on a $275,000 purchase with $2,598/mo rent. Total monthly income registers $2,598/mo, and a $1,346/mo payment leaves $773/mo available for distribution. Annual cash flow reaches $9,276/yr on $91,163 to close, and return on cash invested stands at 30.08% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 158.04% and total cumulative return in cash at $144,071. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,598/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1995
N/A lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Maureen Aguilar • Real Estate Connection of South Florida
Mls Name: MIAMI
Mls ID: #A11890134
