11520 NW 23rd StPembroke PinesFL33026
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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 Pembroke Pines at 11520 NW 23rd St, Pembroke Pines, FL, 33026 offers a 8.73% rental yield on a $805,000 purchase with $5,858/mo rent. Total monthly income registers $5,858/mo, and a $3,940/mo payment leaves $516/mo available for distribution. Annual cash flow reaches $6,192/yr on $264,845 to close, and return on cash invested stands at 22.4% in year one. Equity gained on principal adds $5,195/yr while 5% annual appreciation supports $222,407 over five years. Portfolio math shows five-year ROI at 116.74% and total cumulative return in cash at $309,173. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,858/mo property income against a $3,940/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33026, Hollywood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,992 (100%) |
| Owner Occupied HU | 9,598 (80.0%) |
| Renter Occupied HU | 2,163 (18.0%) |
| Vacant Housing Units | 231 ( 1.9%) |
| Median Home Value | $484,562 |
| Average Home Value | $522,564 |
Housing Distribution
Address Breakdown
Residential
11,871
Single Family
8,463
Multi-Family
3,408
Businesses
911
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Listed by: Aldo Renzo • United Realty Group Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11819901
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.