Glory Plan, LuminaraHomesteadFL33032
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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 Homestead at Glory Plan, Luminara, Homestead, FL, 33032 offers a 8.16% rental yield on a $493,990 purchase with $3,360/mo rent. Total monthly income registers $3,360/mo, and a $2,418/mo payment leaves $82/mo available for distribution. Annual cash flow reaches $980/yr on $163,758 to close, and return on cash invested stands at 20.51% in year one. Equity gained on principal adds $3,188/yr while 5% annual appreciation supports $136,480 over five years. Portfolio math shows five-year ROI at 106.64% and total cumulative return in cash at $174,629. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,360/mo property income against a $2,418/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33032, Homestead, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,338 (100%) |
| Owner Occupied HU | 13,054 (58.4%) |
| Renter Occupied HU | 7,756 (34.7%) |
| Vacant Housing Units | 1,528 ( 6.8%) |
| Median Home Value | $469,560 |
| Average Home Value | $516,494 |
Housing Distribution
Address Breakdown
Residential
21,886
Single Family
18,575
Multi-Family
3,311
Businesses
604
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