Any investor in Miami will tell you that Hialeah is one of the healthiest rental markets. The demand for rentals in Hialeah is such that the city has been known to have a negative vacancy rate. This triplex is no exception. Situated one block from Palm Ave, a major artery in Hialeah, this location is prime for anyone looking to live in and work in this area.
We have since sold this property at a 42% cash-on-cash return. You may read further details on the overall investment here.