Rainier Plan, Parker PointeHomesteadFL33033
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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 Homestead at Rainier Plan, Parker Pointe, Homestead, FL, 33033 priced at $492,990 converts $3,240/mo rent into after a $2,413/mo obligation. Total monthly income equals $3,240/mo. Return on cash invested prints 19.68% in year one, and rental yield reads 7.89% against a $492,990 entry. Equity gained on principal adds $3,181/yr, while 5% annual appreciation compiles into $136,204 by year five. Five-year ROI reaches 102.19% and total cumulative return in cash sums $167,007. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,240/mo property income covering a $2,413/mo payment, not borrower’s personal income.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33033, Homestead, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,526 (100%) |
| Owner Occupied HU | 12,717 (56.5%) |
| Renter Occupied HU | 9,219 (40.9%) |
| Vacant Housing Units | 590 ( 2.6%) |
| Median Home Value | $455,816 |
| Average Home Value | $499,751 |
Housing Distribution
Address Breakdown
Residential
21,729
Single Family
19,094
Multi-Family
2,635
Businesses
594
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