Large 5/3 SFH with strong value-add potential. ARV $640K. Corner lot 7,492 SF. Roof approximately 7 years old. Free & clear, vacant at closing. Ideal flip or buy/hold in high-demand Hialeah.
5 Beds
3 Baths
2,032 Sqft
Built 1950
SFH
7,492 Sqft Lot
Asking
$490K
Wholesaler Price
ARV
$640K
Wholesaler Estimate
Spread
$150K
77¢ on the dollar
ARV Comparison
Wholesaler ARV
$640K
77¢ on the dollar
Rocket ARV
$673K
73¢ on the dollar
Overview
Big Tickets
Roof
~7 years old Impact Windows
Not verified HVAC
Not verified Water Heater
Not verified
~7 years old Impact Windows
Not verified HVAC
Not verified Water Heater
Not verified
Property Details
Public Records
1
Stories
7,492 SF
Lot Size
Concrete Block
Exterior
Other
Roof Type
0100:SINGLE FAM,GENERAL
Zoning
ESSEX VILLAGE 6TH ADDN
Subdivision
Highlights
ARV $640K
5/3 large layout
Corner lot 7,492 SF
Roof ~7 yrs old
Vacant, free & clear
Sales Comps
Rocket
Subject
Comp
Rental Income
Rocket
$4,150/mo
Market Rent Estimate
$3,310
$5,000
$49,800
Annual Rent
10.2%
Gross Yield
$2.04
Rent/Sqft
$830
Per Bedroom
Tax & Assessment
Public Records
Assessed Value
$476,449
Annual Tax
$8,124
Tax Year
2024
Effective Tax Rate
1.71%
Sale History
Public Records
Last Sold: 2022-05-06T00:00:00.000Z
$72,500
+783% appreciation ($568K) in 4 years
