SW 299th St #17255HomesteadFL33030
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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 SW 299th St #17255, Homestead, FL, 33030 offers a 11.51% rental yield on a $594,900 purchase with $5,704/mo rent. Total monthly income registers $5,704/mo, and a $2,912/mo payment leaves $1,756/mo available for distribution. Annual cash flow reaches $21,071/yr on $195,722 to close, and return on cash invested stands at 30.83% in year one. Equity gained on principal adds $3,839/yr while 5% annual appreciation supports $164,360 over five years. Portfolio math shows five-year ROI at 161.93% and total cumulative return in cash at $316,939. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,704/mo property income against a $2,912/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33030, Homestead, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,161 (100%) |
| Owner Occupied HU | 5,058 (45.3%) |
| Renter Occupied HU | 5,633 (50.5%) |
| Vacant Housing Units | 470 ( 4.2%) |
| Median Home Value | $470,008 |
| Average Home Value | $549,886 |
Housing Distribution
Address Breakdown
Residential
11,286
Single Family
8,728
Multi-Family
2,558
Businesses
1,145
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