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Excellent opportunity to own a versatile income-producing property in the heart of Hialeah, one of Miami-Dade’s most sought-after and high-demand rental markets. This spacious 5-bedroom, 2-bath residence offers 1, 826 square feet of living space on a large 7, 950 sq ft lot, providing ample room for multiple vehicles, outdoor enjoyment, and future improvements. The property has been recently updated with fresh interior finishes and features a functional layout that can easily accommodate extended families or be configured to maximize rental income potential. Ideally located near major highways, public transportation, shopping centers, schools, parks, and local dining, this property offers unmatched convenience for tenants and homeowners alike. Its central location ensures strong rental demand and long-term appreciation, making it an attractive option for investors seeking stable income with upside potential.
With minor enhancements and strategic upgrades, there is significant opportunity to increase rental income to market levels, making this an excellent value-add investment. The generous lot size also allows for creative improvements, additional income opportunities, or enhanced curb appeal to attract higher-paying tenants.
Whether you are an investor looking to generate consistent cash flow or a buyer seeking a property with income potential and future growth, this home offers flexibility, location, and strong fundamentals. A rare opportunity in a prime Hialeah location.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$649,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $519,200 | $519,200 | $519,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.313% | 6.487% | 5.614% |
| Monthly Tax Payment | $752 | $752 | $752 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,071 | $3,239 | $4,208 |
| Total Monthly Payment | $3,915 | $4,083 | $5,052 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.