SFH 3/2 with 1,000 SF in booming Hialeah. CBS home built 1961 with spacious backyard on 5,250 SF lot - potential for expansion or pool. Vacant at closing. Strong ARV of $550,000 offers 26% equity spread. Potential $2,800/mo rent yield.
3 Beds
2 Baths
1,000 Sqft
Built 1961
SFH
5,250 Sqft Lot
Asking
$405K
Wholesaler Price
ARV
$550K
Wholesaler Estimate
Spread
$145K
74¢ on the dollar
ARV Comparison
Wholesaler ARV
$550K
74¢ on the dollar
Rocket ARV
$553K
73¢ on the dollar
Overview
Big Tickets
Roof
Not verified Impact Windows
Not verified HVAC
Not verified Water Heater
Not verified
Not verified Impact Windows
Not verified HVAC
Not verified Water Heater
Not verified
Property Details
Public Records
1
Stories
5,250 SF
Lot Size
Concrete Block
Exterior
Other
Roof Type
0100:SINGLE FAM,GENERAL
Zoning
HIALEAH 14TH ADDN
Subdivision
Highlights
$145K spread
ARV $550K
$2,800/mo rent
Spacious backyard
Sales Comps
Rocket
Subject
Comp
Rental Income
Rocket
$3,210/mo
Market Rent Estimate
$2,840
$3,580
$38,520
Annual Rent
9.5%
Gross Yield
$3.21
Rent/Sqft
$1070
Per Bedroom
Tax & Assessment
Public Records
Assessed Value
$348,665
Annual Tax
$5,101
Tax Year
2024
Effective Tax Rate
1.46%
Sale History
Public Records
Last Sold: 2003-11-07T00:00:00.000Z
$152,000
+262% appreciation ($398K) in 22 years
