8902 NW 178th LnHialeahFL33018
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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 at 8902 NW 178th Ln, Hialeah, FL, 33018 uses $332,100 cash to close to unlock $7,749/yr annual cash flow and $646/mo monthly cash flow. Total monthly income runs $7,448/mo, and a $5,017/mo payment keeps the spread at $646/mo. Purchase price stands at $1,025,000, and rental yield measures 8.72% with $7,448/mo rent. Return on cash invested shows 22.7% in year one, and 5% annual appreciation builds toward $283,189 over five years. Five-year ROI reaches 118.33% and total cumulative return in cash records $392,968. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,448/mo property income covering a $5,017/mo payment rather than investor’s personal income.
Single Family
Built in 2005
6,472 sqft 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: Ida Stromeyer • Real Estate Sales Force
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11819488
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.